Generally,in Order to Adopt an Amendment to the Articles of Incorporation

question 2

Multiple Choice

Generally,in order to adopt an amendment to the articles of incorporation of an existing corporation,what must be done?

• A) The shareholders must vote in favor of the amendment.
• B) The promoters must file the amendment in the state of incorporation.
• C) The board of directors must adopt a resolution recommending the amendment and the shareholders must vote to approve the amendment.
• D) The board of directors must adopt a resolution approving the amendment.
• E) The board of directors must vote on the amendment as provided in the bylaws.

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Definitions:

Shopping Products

Goods that consumers purchase after comparing quality, price, and style from different sellers, making an informed decision.

Unsought Products

Goods or services that consumers do not typically shop for until a need arises, often requiring significant marketing effort to sell.

Symbolic Characteristics

Features or aspects of objects, actions, or events that represent particular meanings or values beyond their literal sense.

Service

In economics and business, services refer to intangible products that are produced and consumed simultaneously, offering value such as entertainment, advice, access, or a temporary benefit.