The Board of Directors May Issue Bonds Without the Authorization

question 68

True/False

The board of directors may issue bonds without the authorization or consent of the shareholders.

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Definitions:

Resistance

The act of opposing or fighting against changes, policies, or practices within an organization, often due to the perceived negative impacts.

Restraining Forces

Factors that resist or oppose change, making it difficult to implement new strategies or processes in an organization.

Driving Forces

Refer to factors or elements that push towards the initiation and implementation of change within an organization or system, aiming to achieve a desired outcome.

Change Process

A sequence of steps or activities that an organization goes through to effect change.