A "fundamental change" in a corporation would be illustrated by
A)E-prise,Inc.merging with Vitta Corporation.
B)E-prise electing new members to the board.
C)Vitta Corporation adding a new product to its product line.
D)Vitta Corporation setting the date for its annual meeting.

Question

Quizplus · Accepted Answer

A merger between two corporations would represent a fundamental change as it involves a significant restructuring of the companies involved. Electing new members to the board, adding new products, and setting a date for an annual meeting are all routine business activities that would not necessarily result in a fundamental change.

A "Fundamental Change" in a Corporation Would Be Illustrated by