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Dissolution of a Corporation Can Be Brought About by the Shareholders

question 23

True/False

Dissolution of a corporation can be brought about by the shareholders' majority vote to initiate dissolution proceedings.


Definitions:

Somatic

Relating to or affecting the body, especially as distinct from the mind or emotions.

Motor

Relating to the movement or mechanism of physical actions and coordination in organisms.

Central

Serving as the most important or core part of something.

Efferent

Referring to nerve fibers that carry impulses away from the central nervous system to effectors (such as muscles or glands).

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