The Revised Act Permits the Board of Directors to Adopt

question 40

Multiple Choice

The Revised Act permits the board of directors to adopt certain charter amendments without shareholder action, unless the articles of incorporation provide otherwise.These amendments would include:

• A)extending the duration of a corporation if it was incorporated when limited duration was required by law.
• B)changing each issued and unissued authorized share of an outstanding class into a greater number of whole shares if the corporation has only one class of shares.
• C)making minor name changes.
• D)All of the above.

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Definitions:

Nervous

Feeling anxious, worried, or apprehensive, often without a clear cause.

Terror

An intense, overwhelming fear, often experienced suddenly and with a high degree of psychological stress or discomfort.

Anxiety Sensitivity

A tendency to focus on one’s bodily sensations, assess them illogically, and interpret them as harmful.

Interpretation

The process of explaining or understanding the meaning of something, such as a text, action, or event, often based on personal perspectives or evidence.