What are some of the matters involving fundamental changes in the corporation?
A)Amendments to articles of incorporation.
B)Sale or lease of all or substantially all of the corporate assets not in the regular course of business.
C)Mergers, consolidations, compulsory share exchanges.
D)Dissolution.
E)All of the above.

Question

Quizplus · Accepted Answer

All of the options listed involve significant changes to the structure or existence of a corporation. Amendments to articles of incorporation can alter the very basis of the corporation's governance and purpose, while the sale or lease of assets outside of normal business operations can drastically change the scope of the corporation's operations. Mergers, consolidations, and share exchanges can fundamentally alter the identity of the corporation itself. Dissolution, of course, represents the ultimate change, involving the termination of the corporation's existence.

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