The Revised Model Act Would Permit the Directors to Avoid

question 61

Multiple Choice

The Revised Model Act would permit the directors to avoid a shareholder vote for which of the following amendments to the articles of incorporation?

• A) A change from duration of 99 years to perpetual life.
• B) Adding to the number of directors.
• C) Authorizing a new class of stock.
• D) Changing the name from The Oscar Company to McDuddy Corporation.

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Definitions:

Contingent Reinforcement

A method where the provision of rewards or consequences is directly dependent on the display of specific behaviors.

Reinforcer

Any stimulus that strengthens or increases the probability of a specific response or behavior by being presented after that response or behavior.

Reinforcer

Any stimulus that strengthens or increases the probability of a specific response or behavior by the means of positive or negative reinforcement.

Frequency

The rate at which something occurs or is repeated over a particular period or in a given sample.