Which of the Following Is Untrue About Fundamental Changes of Corporations

question 29

Multiple Choice

Which of the following is untrue about fundamental changes of corporations?

• A) Fundamental changes include charter amendments, mergers, consolidations, and dissolution.
• B) Fundamental changes of corporations are authorized by state incorporation statutes.
• C) The 1999 revisions to the RMBCA contained substantial revisions to the RMBCA's treatment of fundamental changes.
• D) Shareholder approval for fundamental changes usually needs to be unanimous.

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Definitions:

Dissociative Fugue

A rare psychological state in which a person temporarily loses their sense of personal identity and impulsively wanders or travels away from their home, often creating a new identity.

Evolved Module

A brain structure or function that developed over time through natural selection to solve specific problems related to survival and reproduction.

Survival Threats

Situations or conditions that pose significant risk to the continued existence or well-being of an individual or species.

Operant Conditioning

A learning process in which the strength of a behavior is modified by reinforcement or punishment.