Ladies & guys: I simply will not start a converation without my coffee, so, shall we retreat to the kitchen counter? Nice and warm there.
Regarding the UC etc., Remember all co's have what is designated as a board of directors whose purpose is to direct the company. No single person is capable of simply calling the shots alone, unless they control enough shares directly or indirectly, etc.
Jim is bound by these simple laws also, for your protection..
In the case of my wife's Canadian sub. company, she is the administratador unica, The sole administrator so she has complete comtrol and does not need a vote of approval.
psst, but then what wife does??
Don Jose de La Mancha