Shareholder approval is not required to make any changes in a corporation.

Name: Shareholder approval is not required to make any changes in a corporation.
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Question

Quizplus · Accepted Answer

Shareholder approval is often required for major changes in a corporation, such as mergers, acquisitions, issuing new shares of stock, and amending the corporation's bylaws. There may be certain circumstances where shareholder approval is not required, but this would be the exception rather than the rule.

Shareholder Approval Is Not Required to Make Any Changes in a Corporation