Farrah and Grant are shareholders of Hong Kong Restaurants, Inc. As shareholders, they must approve

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Quizplus · Accepted Answer

Shareholders typically have the right to approve or reject major decisions, such as conducting a merger, that could significantly impact the company and its shareholders. Deciding to pursue new business opportunities and negotiating contracts between management and labor are typically within the authority of company management, and do not require shareholder approval.

Farrah and Grant Are Shareholders of Hong Kong Restaurants, Inc