There Are 100,000 Shares of Outstanding Stock Outstanding for a Corporation.A

question 39

Multiple Choice

There are 100,000 shares of outstanding stock outstanding for a corporation.A shareholders' meeting is called to amend the articles of incorporation.At the meeting,50,001 shares attend the meeting to vote on the proposed amendment.Is there a quorum present? If 25,001 vote to amend the articles,does the amendment pass?

• A) There is a quorum present,and a vote of 25,001 will be sufficient to pass the amendment.
• B) There is a quorum present,but a vote of less than 50% of the outstanding shares of stock will result in the failure of the proposed amendment.
• C) There is not a quorum present,but the 25,001 votes are sufficient to pass the amendment.
• D) There is not a quorum present,and the number of votes will not result in passage of the amendment.

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Definitions:

Applying Cold and Heat

Therapeutic practices of using cold or heat applications to relieve pain, reduce inflammation, or aid in recovery of muscles and joints.

Aquatic Therapy

A therapeutic exercise program performed in water, aimed at rehabilitation, fitness, or relaxation purposes.

Dorsiflexion

The act of moving the upper part of the foot closer to the shin through the action of the ankle joint.

Dorsiflexion

The action of raising the foot upwards toward the shin, decreasing the angle between the dorsum of the foot and the leg.