Cmca sample ex. quorum requirements conflicts Study guides, Study notes & Summaries
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CMCA Sample Exam
- Exam (elaborations) • 13 pages • 2023
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- R212,76
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CMCA Sample Exam 
1. Quorum requirements conflicts are resolved by: 
a. state statute. 
b. the board of directors. 
c. a vote of those present at a meeting. 
d. appointment of a person as a proxy. correct answerA 
2. Fidelity insurance provides coverage to ensure that the: 
a. board will meet its fiduciary obligations. 
b. manager will faithfully follow all document provisions. 
c. deductible in the association's insurance policies is reimbursed. 
d. association will be covered for shortfalls i...
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