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Cheeseboro Conglomerate Co. entered into a contract with sale of its mineral holdings. The transaction is beyond Cheeseboro's powers. Which of the following parties, for the reason stated, may properly assert the lack of powers in order to challenge and try to stop or undo the sale? O Cheeseboro Conglomerate Co., but only to change the terms of the contract (not stop or undo the sale). O Fanning Heating & Cooling Corp. OA shareholder of Cheeseboro Conglomerate Co. O Fanning Heating & Cooling Corp., but only to change the terms of the contract (not stop or undo the sale). Cheeseboro Conglomerate Co.

Cheeseboro Conglomerate Co. entered into a contract with sale of its mineral holdings. The transaction is beyond Cheeseboro's powers. Which of the following parties, for the reason stated, may properly assert the lack of powers in order to challenge and try to stop or undo the sale? O Cheeseboro Conglomerate Co., but only to change the terms of the contract (not stop or undo the sale). O Fanning Heating & Cooling Corp. OA shareholder of Cheeseboro Conglomerate Co. O Fanning Heating & Cooling Corp., but only to change the terms of the contract (not stop or undo the sale). Cheeseboro Conglomerate Co.

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Cheeseboro Conglomerate Co. entered into a contract with Fanning Heating & Cooling Corp. for the sale of its mineral holdings. The transaction is beyond Cheeseboro's powers. Which of the following parties, for the reason stated, may properly assert the lack of powers in order to challenge and try to stop or undo the sale? O Cheeseboro Conglomerate Co., but only to change the terms of the contract (not stop or undo the sale). O Fanning Heating & Cooling Corp. O A shareholder of Cheeseboro Conglomerate Co. O Fanning Heating & Cooling Corp., but only to change the terms of the contract (not stop or undo the sale). O Cheeseboro Conglomerate Co.
Transcribed Image Text:Cheeseboro Conglomerate Co. entered into a contract with Fanning Heating & Cooling Corp. for the sale of its mineral holdings. The transaction is beyond Cheeseboro's powers. Which of the following parties, for the reason stated, may properly assert the lack of powers in order to challenge and try to stop or undo the sale? O Cheeseboro Conglomerate Co., but only to change the terms of the contract (not stop or undo the sale). O Fanning Heating & Cooling Corp. O A shareholder of Cheeseboro Conglomerate Co. O Fanning Heating & Cooling Corp., but only to change the terms of the contract (not stop or undo the sale). O Cheeseboro Conglomerate Co.
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