Question: Explain the following statements/question in not less than 3-5 sentences. 1. May the stockholders fill up vacancy created by removal at the same meeting where

Explain the following statements/question in not less than 3-5 sentences. 1.

Explain the following statements/question in not less than 3-5 sentences. 1. May the stockholders fill up vacancy created by removal at the same meeting where the removal took place without any notice? 2. What are the modes of increasing the capital stock? 3. Limitation imposed in decreasing the capital stock? 4. May a director acting in a holdover capacity he removed from office at any time and without cause? 5. Why should a corporation decrease its capital, considering that it may not do so if it will prejudice the rights of creditors or other 3rd persons

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