Most States Have Enacted ________ Statutes,which Broaden the Legal Objectives

question 13

Multiple Choice

Most states have enacted ________ statutes,which broaden the legal objectives of corporations.

• A)Good Samaritan
• B)corporate constituency
• C)control share acquisition
• D)business combination

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Definitions:

Simple Majority

A voting requirement where more than half of the votes cast by members entitled to vote is sufficient for decision-making.

Decision-making

The cognitive process of selecting a course of action from among multiple alternatives.

Minority Opinions

Perspectives or viewpoints held by a small segment of a group, which often differ from the dominant or majority views.

Disarming

The act of reducing hostility or suspicion, typically through charm, friendliness, or a straightforward approach.