What are some of the matters involving fundamental changes in the corporation and requiring shareholder approval?
A) Amendments to articles of incorporation.
B) Sale or lease of corporate assets in the regular course of business.
C) Selection of a corporate president.
D) Removal of the corporation's officers.

Question

Quizplus · Accepted Answer

Amendments to the articles of incorporation are considered fundamental changes to a corporation and typically require shareholder approval. This is because such amendments can significantly affect shareholder rights and the overall governance structure of the corporation.

What Are Some of the Matters Involving Fundamental Changes in the Corporation