Once a Provision Is in the Corporate Charter,it Can Only

question 22

Multiple Choice

Once a provision is in the corporate charter,it can only be changed by:

• A) a vote of the shareholders.
• B) filing an amendment with the Secretary of State.
• C) Both of the above are necessary to change a corporate charter.
• D) Neither a nor b is necessary to change a corporate charter. The board of directors merely needs to file a change of charter form.

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Definitions:

Sociological Perspective

An approach to understanding human behavior by placing it within its broader social context, considering how societies influence people and vice versa.

Patriarchy

A societal system in which men hold power and dominate in roles of political leadership, moral authority, social privilege, and control of property.

Anti-Positivism

A theoretical approach that considers knowledge and understanding to be the result of human subjectivity.

Qualitative Research

A research method focused on understanding concepts, thoughts, or experiences through detailed, non-numerical data such as interviews, observations, and texts.