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

question 18

Multiple Choice

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

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

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Definitions:

Extended Warranty

is an additional warranty that provides continued coverage for repairs and maintenance beyond the original warranty.

Appellant

A party who appeals a lower court's decision, seeking a higher court's review.

Respondent

The party against whom a legal action is taken or who replies to a claim in a court process.

Expert Witness

A specialist in a particular field who is called upon to provide informed testimony in court cases to assist in reaching a decision.