Which of the Following Statements Is Not True

question 64

Multiple Choice

Which of the following statements is not true?

• A)Corporations are required by law to have two stockholder meetings each year.
• B)Stockholders must approve any amendment of the corporate charter.
• C)Stockholders must approve the sale of certain corporate assets.
• D)Corporations are required by law to distribute annual reports.
• E)Stockholders may vote in person or by proxy.

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Definitions:

Kant

Immanuel Kant was an 18th-century German philosopher whose work in epistemology, ethics, and aesthetics had a profound influence on modern Western philosophy, especially through his doctrine of transcendental idealism.

Practical Reason

The application of our rationality to practical problems—particularly moral problems—the solution to which consists in action (as opposed to a statement or a theory).

Postulate

A fundamental principle or assumption that is accepted without proof, often serving as a basis for developing further theories or arguments.

Aristotle

An ancient Greek philosopher and polymath whose extensive works on various subjects laid foundational principles in Western philosophy and science.