All of the Following Would Constitute a "Fundamental Change" to the Corporation

question 4

Multiple Choice

All of the following would constitute a "fundamental change" to the corporation EXCEPT:

• A) an amendment to the articles of incorporation.
• B) a merger.
• C) a stock dividend.
• D) selling off 60% of the business assets not in the regular course of business.

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Definitions:

Mating Parts

Components designed to fit together in a specific manner to perform a function within an assembly.

Clearance Fit

A type of fit in engineering where there is a deliberate space between two mating parts, allowing freedom of movement.

Interference Fit

A type of fit where parts are designed such that their dimensions cause them to partially deform when assembled, ensuring a very tight fit.

Transitional Fit

A type of fit between components where either a small amount of interference or a small amount of clearance is permissible, allowing for easier assembly compared to interference fits.