In reviewing the emergency plans of the ZYX Corporation, the legal counsel of the firm notes that under nuclear disaster conditions there is a definite possibility that a quorum of the board of directors cannot be readily assembled, which will not allow action in accordance with law. Which of the following methods generally would not be acceptable to remedy this legal problem?

Question

Jerin Cherian · Accepted Answer

Utilize a chain of command and execute proper power of attorney papers for the top three officials so the most senior could execute legal affairs if the board is not functioning.

Jerin Cherian · Answer

Reduce the quorum number if allowed by state law.

Jerin Cherian · Answer

Fill board vacancies if allowed by state law.

Jerin Cherian · Answer

Establish an emergency management committee, if allowed by state law.

Jerin Cherian · Answer

Appoint alternate directors, if allowed by state law.

Question list

List of questions

Question 1

(0)

Question 2

(0)

Question 3

(0)

Question 4

(0)

Question 5

(0)

Question 6

(0)

Question 7

(0)

Question 8

(0)

Question 9

(0)

Question 10

(0)

Related questions

Question 524 - CPP discussion

Suggested answer: E

0 comments