Ontario Barrister and Solicitor Practice Exam 2025 - Free Barrister and Solicitor Practice Questions and Study Guide

Question: 1 / 400

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

Yes, always

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.

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Only for specific cases

Depends on the bylaws of the corporation

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