Validity is commonly reported as a ________

Under the Revised Model Business Corporation Act (RMBCA), which of the following statements is true regarding corporate officers of a public corporation?

A. An officer may not simultaneously serve as a director. B. A corporation may be authorized to indemnify its officers for liability incurred in a suit by shareholders. C. Shareholders always have the right to elect a corporation's officers. D. An officer of a corporation is required to own at least one share of the corporation's stock.

If Catapipes Plumbing plans to withdraw its bid, what legal doctrine can help AtlasNow from being meted out injustice due to lack of consideration?

A) promissory estoppel B) freedom of contract C) acquiescence D) exclusionary rule