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A corporation's board of directors has unilateral power ...

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Absent a specific provision in its articles of incorporation, a corporations board of directors has the unilateral power to do all of the following, except:

a) repeal the bylaws
b) declare dividends
c) fix compensation of directors
d) amend the articles of incorporation

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Solution Summary

This solution addresses the following board of directors question:

Absent a specific provision in its articles of incorporation, a corporations board of directors has the unilateral power to do all of the following, except:

a) repeal the bylaws
b) declare dividends
c) fix compensation of directors
d) amend the articles of incorporation

Purchase this Solution
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