The Revised Act permits the board of directors to adopt certain amendments without shareholder action.These amendments would include:
A) extending the duration of the corporation if it was incorporated when limited duration was required by law.
B) changing each issued and unissued authorized share of an outstanding class into a greater number of whole shares if the corporation has only one class of shares.
C) making minor name changes.
D) All of these.
Correct Answer:
Verified
Q53: Which of the following is NOT a
Q54: A compulsory share exchange:
A) is a transaction
Q55: The Revised Act grants dissenters' rights to:
A)
Q56: Which of the following is a prerequisite
Q57: A consolidation:
A) has precisely the same result
Q59: If Sherman,a shareholder,dissents to a corporate merger,his
Q60: A corporation may accomplish acquiring all or
Q61: Discuss what happens to a corporation after
Q62: If a shareholder dissents to a proposed
Q63: Avins Corporation wishes to acquire all of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents