2013 (Mercantile Law ) Bar Exam Questions: Multiple Choice Question 12

[Answer/discuss the question below. Or check Mercantile Law Instructions; Mercantile Law Essay Questions: 1, 2, 3, 4, 5, 6, 7, 8, 9 and 10; Mercantile Multiple Choice Questions: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 1113, 14 and 15; See also 2013 Bar Exam: Information, Discussions, Tips, Questions and Results]

XII.

Preferred shares cannot vote on the proposal ________. (1%)

(A) to include other corporate officers in the corporation’s by-laws

(B) to issue corporate bonds

(C) to shorten the corporate term

(D) All of the above.

(E) None of the above.

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