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The Board of Directors of Sunny Corporations Votes 9-2 to Require

Question 77

Multiple Choice

The board of directors of Sunny Corporations votes 9-2 to require all future actions by the shareholders to be approved by a two-thirds majority.This action is:


A) invalid because supramajority requirements are not permissible
B) valid,but would not have been valid if the vote had been 6-5
C) valid,and would have been valid also with a vote of 6-5
D) valid,as long as the two dissenting directors properly registered their dissent
E) invalid because the board of directors does not have the power to decide this

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