NYLE PRACTICE QUESTIONS AND ANSWERS 100% COMPLETE SOLUTION 2025, Exams of Law

NYLE PRACTICE QUESTIONS AND ANSWERS 100% COMPLETE SOLUTION 2025 1. A person served as director of both Corporation A and Corporation B. This director was present at a meeting of the board of directors of Corporation A when it approved a contract between Corporation A and Corporation B, and his presence and affirmative vote were necessary to establish a quorum of the board and approve the contract. The contract was fair and reasonable to Corporation A at the time it was approved. Is the contract voidable by Corporation A?: No, because the contract was otherwise fair and reasonable to Corporation A at the time it was approved. 2. Is a trial court in the First Judicial Department required to follow a decision