Match Each Statement with the Correct Term Below

question 54

Short Answer

Match each statement with the correct term below.a.Each shareholder having one vote for each share owned; directors elected by a plurality of votes.b.Authorization to vote another's shares at a shareholder meeting.c.Right of a dissenter to receive fair value of his shares.d.Alter a corporation's basic structure; charter amendments, mergers, dissolution.e.Entitles each shareholder to give one candidate as many votes as the number of directors to be elected multiplied by the number of shares owned.f.Minimum number necessary to be present at a meeting in order to transact business.g.Brought by shareholder on behalf of the corporation to enforce a right belonging to the corporation.h.Brought by a shareholder against the corporation based upon his ownership of shares.i.Permission under the Revised Act for a corporation to change its state of incorporation.j.Fiduciary obligation of faithfulness; subordination of self-interest.k.Device designed to concentrate corporate control in one or more persons by transferring voting rights to them.l.The combination of assets of two or more corporations into one of the corporations.m.Permission under the Revised Act for a business entity to change its form to another type of entity.n.Precludes imposing liability on directors and officers for honest mistakes in judgment if they act in good faith with due care.o.A general invitation to all the shareholders of a target company to sell their shares at a specified price.
-fundamental changes

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Definitions:

Sternum

Breastbone.

Olecranon Process

Process on the distal end of the ulna, forming the point of the elbow.

Elbow

The joint connecting the forearm to the upper arm, allowing for the flexion and extension of the forearm.

Olecranon Fossa

A large, shallow depression on the posterior side of the humerus, accommodating the olecranon of the ulna during arm extension.