The Consolidation of AB Corporation and ZX Corporation Requires the Affirmative

question 21

Multiple Choice

The consolidation of AB Corporation and ZX Corporation requires the affirmative majority vote of:

• A)the boards of directors and shareholders of both corporations.
• B)the boards of directors of both corporations, but not the shareholders.
• C)the shareholders of both corporations, but not the boards of directors.
• D)the directors and shareholders of one of the corporations, but not both corporations.

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Definitions:

Endoplasmic Reticulum

A network of membranes within the cytoplasm of cells involved in protein and lipid synthesis, detoxification, and calcium storage.

Golgi Bodies

Organelles found in most eukaryotic cells that modulate the transport and packaging of proteins and lipids within the cell.

Nucleus

A membrane-bound organelle within a eukaryotic cell that contains most of the cell's genetic material.

Cytosol

The liquid found inside cells, excluding organelles and other structures, in which cellular components are suspended.