Fundamental Changes to a Corporation

Multiple Choice

Fundamental changes to a corporation:

A) fall within the authority of the board of directors.
B) include the sale of substantially all of the corporation's assets in the regular course of business.
C) need to be approved by shareholders,by a majority of the shares present at a meeting at which a quorum is present,under the 1999 amendments to the Revised Act.
D) require unanimous shareholder approval.