Max has received the agenda for the annual general meeting of Bottles Ltd, a company he has shares in. The agenda contains a number of resolutions to be proposed at the meeting, but being a new member Max is not certain as to what is exactly involved. In the context of company meetings, which of the following must be passed by a 75% majority to be effective? A. A special resolution B. A written resolution C. An ordinary resolution with special notice
Max has received the agenda for the annual general meeting of Bottles Ltd, a company he has shares in. The agenda contains a number of resolutions to be proposed at the meeting, but being a new member Max is not certain as to what is exactly involved. In the context of company meetings, which of the following must be passed by a 75% majority to be effective? A. A special resolution B. A written resolution C. An ordinary resolution with special notice
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Max has received the agenda for the annual general meeting of Bottles Ltd, a company he has shares in. The agenda contains a number of resolutions to be proposed at the meeting, but being a new member Max is not certain as to what is exactly involved.
In the context of company meetings, which of the following must be passed by a 75% majority to be effective?
A. A special resolution
B. A written resolution
C. An ordinary resolution with special notice
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