Most Statutory Mergers Must Be Approved by the

question 7

Multiple Choice

Most statutory mergers must be approved by the

• A) surviving corporation's board of directors.
• B) merging corporation's officers.
• C) shareholders of the merging and surviving corporations.
• D) president of the surviving corporation.

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Definitions:

Conflict-of-Interest Rule

Regulation or policy designed to minimize bias by preventing individuals from participating in decisions where they have personal interest.

Ethical Situation

Circumstances involving moral principles or decisions about right and wrong in professional or personal contexts.

Validity

The extent to which a concept, conclusion, or measurement is well-founded and likely corresponds accurately to the real world.

Breach of Confidentiality

The unauthorized disclosure of private or protected information without the consent of the person or entity it belongs to.