Generally,in order to adopt an amendment to the articles of incorporation of an existing corporation,what must be done?
A) The shareholders must vote in favor of the amendment.
B) The promoters must file the amendment in the state of incorporation.
C) The board of directors must adopt a resolution recommending the amendment and the shareholders must vote to approve the amendment.
D) The board of directors must adopt a resolution approving the amendment.
E) The board of directors must vote on the amendment as provided in the bylaws.
Correct Answer:
Verified
Q69: Corporations receive powers from which of the
Q70: The DEF Corporation is incorporated in Texas.It
Q71: If preferred stock is "participating," this means
Q72: Jill invests $1,000 to buy 10 shares
Q75: Which of the following statements is true?
A)
Q77: Which of the following generally does not
Q78: If a corporation commits an ultra vires
Q79: In a corporation,out of the number of
Q88: The person empowered by the corporation to
Q90: Which of the following would not be
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