Ontario Barrister and Solicitor Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Master the Ontario Barrister and Solicitor Exam with our comprehensive practice quiz. Tailored to the latest syllabus, it's the perfect tool to assess your readiness and ensure success.

Start Multiple Choice Practice Test
Start Flash Cards

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Is an application for continuance required to be authorized by an ordinary resolution of shareholders under the OBCA?

  1. Yes, always

  2. No, never

  3. Only for specific cases

  4. Depends on the bylaws of the corporation

The correct answer is: No, never

B No, never While an ordinary resolution of shareholders may be needed for certain actions, it is not legally required for an application for continuance under the OBCA. The bylaws of the corporation may outline the process for making such an application, but it does not have to be authorized by a resolution of the shareholders. Therefore, options A, C, and D are incorrect.

More Questions Like This