Practice question
A corporation’s directors approve a lockout by four votes out of nine. Explain the statutory voting requirement without assuming that compliance would resolve every other lockout requirement.
Legal references
- Labor Code, Articles 259-260, 278-279 and 294 (formerly 248-249, 263-264 and 279), as applicable: https://lawphil.net/statutes/presdecs/pd1974/pd_442_1974.html
Answer this question in flashcards to review your response and continue practicing.