A sale of substantially all of the assets of a corporation that is in the ordinary course of business of the corporation will not require shareholder approval.

Name: A sale of substantially all of the assets of a corporation that is in the ordinary course of business of the corporation will not require shareholder approval.
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Question

Quizplus · Accepted Answer

In general, transactions in the ordinary course of business do not require shareholder approval, as they are part of the corporation's regular operations.

A Sale of Substantially All of the Assets of a Corporation