The Revised Model Act Would Permit the Directors to Avoid

question 56

Multiple Choice

The Revised Model Act would permit the directors to avoid a shareholder vote for which of the following amendments to the articles of incorporation?

• A) Changing the name from The Oscar Company to McDuddy Corporation.
• B) A change from duration of 99 years to perpetual life.
• C) Authorizing a new class of stock.
• D) Adding to the number of directors.

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Definitions:

Ninety-Third Division

An all-black division of the U.S. Army during World War I, known for its service in Europe despite facing discrimination.

Pacific

The largest and deepest of the world's ocean basins, known for its vast expanse and significant role in climate and weather patterns.

Navy Cross

A military decoration awarded by the United States Navy and Marine Corps for extraordinary heroism in combat, ranking just below the Medal of Honor.

Messman

A crew member in the navy or merchant marine responsible for serving meals, cleaning living quarters, and other domestic duties aboard a ship.