The consolidation of AB Corporation and ZX Corporation requires the affirmative majority vote of:
A) the boards of directors and shareholders of both corporations.
B) the shareholders of both corporations, but not the boards of directors.
C) the directors and shareholders of one of the corporations, but not both corporations.
D) the boards of directors of both corporations, but not the shareholders.
Correct Answer:
Verified
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A) has precisely the same result
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