The board of directors of a targeted corporation must approve a tender of?fer before its shareholders can accept it.
Correct Answer:
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Q25: Generally, a corporation must notify its shareholders
Q26: A court can dissolve a corporation for
Q27: The "fair value" of shares under appraisal
Q28: Shareholder approval is required when a corporation
Q29: Shareholder approval is required when a corporation
Q31: Only a board of directors can initiate
Q32: A self-tender is usually made by shareholders
Q33: Dissolution is a method by which a
Q34: Once formed, a corporation cannot be dissolved
Q35: Liability based on the conduct of a
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