Question: PetValue, Inc. has 1 0 0 , 0 0 0 shares outstanding and seven directors. a . What number constitutes a quorum of shareholders? b

PetValue, Inc. has 100,000 shares outstanding and seven directors.
a. What number constitutes a quorum of shareholders?
b. What number constitutes a quorum of directors?
c. If six directors are present at a meeting, how many must vote affirmatively corporate matter?
d. Allison owns 9,500 shares. May she call a special meeting? Why or Why no e. Chase owns 2,000 shares. If the corporation allows cumulative voting, how have in an election to vote for seven directors?
PetValue, Inc. has 100,000 shares outstanding and seven directors. a. What

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