Solved

Which of the Following Is Untrue About Fundamental Changes of Corporations

Question 25

Multiple Choice

Which of the following is untrue about fundamental changes of corporations?


A) Fundamental changes include charter amendments, mergers, consolidations, and dissolution.
B) Fundamental changes of corporations are authorized by state incorporation statutes.
C) Shareholder approval for fundamental changes usually needs to be unanimous.
D) The 1999 revisions to the RMBCA contained substantial revisions to the RMBCA's treatment of fundamental changes.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions