When notice of a special meeting is defective, the defect may be cured if: asked Sep 7, 2019 in Business by sanders373 A. one non-attending director nominates another person to vote on matters in his or her place.
Occasionally the validity of a notice may be attacked on the ground that it was given, or a statement in it was made, in bad faith. Grounds for Upholding Defective Notices Defects in notices are of many different kinds. When the giver of the notice cannot deny the defect, he typically seeks to defend the notice in one of four ways:
Dec 11, 2010 · When notice of a special meeting is defective, the defect may be cured if: ... Should give actual notice to those who have dealt with the former agent ... a debtor may keep both property exempted by state law and property exempted under federal law True False.
All tutors are evaluated by Course Hero as an expert in their subject area. Notice of Meeting is considered as defective when such notice fails to state the time, purpose and place of the meeting. Under the Revised Corporation Code, a notice of meeting should state the time, purpose and place of the meeting which shall be sent to the ...
Piercing the corporate veil implies that: Corporate shareholders are stripped of their limited liability to prevent unfair results. To obtain the protection of the busienss judgment rule, a director must meet certain requirements in arriving at his decisions. He must:
A court may pierce the corporate veil if a corporation defruads its creitors by not having sufficent assets available to meet expected claims. True. A person's status as a shareholder in a coroporation automatically gives such person a right to be an employee of the corporation if the person so desires. False.
This is a Texas statutory creation in which one party can inform the opposing party of defects in its pleadings so it can cure them by amendment, if possible.
The general rule in Texas is that courts follow the “fair notice” standard for pleading, which looks at whether the opposing party can ascertain from the face of the pleading, the nature and basic issues of the controversy, and what testimony will be relevant.