83. May a director ever contract with the corporation?
84. Define by-laws, rules, and regulations.
85. Distinguish by-laws and resolutions.
86. Define capitalization.
87. Distinguish capitalization from assets of a corporation.
88. Define capital stock.
89. May a corporation sell its shares for less than par?
90. Distinguish par value and face value of stock.
91. If a corporation sells a shareholder stock at 5% of its par value, and the corporation is solvent, who, if any one, may object?