Which of the Following Is Untrue About Fundamental Changes of Corporations

question 25

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) Shareholder approval for fundamental changes usually needs to be unanimous.
• D) The 1999 revisions to the RMBCA contained substantial revisions to the RMBCA's treatment of fundamental changes.

---

Definitions:

Predecessor

An individual or thing that has held a position or office before another.

Successor Appointment

The process of selecting and designating a new individual to take over a position or role previously held by someone else.

Karl Marx

A German philosopher, economist, and revolutionary socialist best known for his works on capitalism and communism, including the Communist Manifesto.

Max Weber

Max Weber was a German sociologist, philosopher, and political economist whose works on bureaucracy, social stratification, and the sociology of religion are foundational to modern sociology.