ADM 3360 Lecture Notes - Lecture 12: Constipation, Mens Rea, Psyllium
Document Summary
When there is a conlict in a corporation between partners, one sells or give up. Annex c examples of by-laws (how to run on a daily base) National 4000 pages: by-law certiicate for shares, proxy votes o, everything becomes regulated. When nothing is wrong, we don"t deal with it. Then there are no policies when something goes wrong. People copy everybody until there is a problem. Ex: conference call america, professional body in the states, you press number to talk to them on the phone. When you que people, how many questions, you need a by-law for those. By-law to be amended by the majority of the vote. 3. interest of directors and oicers generally in contracts: you can be a director and an employee. 4. location and quorum (quorum: minimum amount of people to be present to vote: where you will have meetings, franchisor has annual meetings on a cruise.