A Modification to the Company Charter That Requires 75% Shareholder

question 71

Multiple Choice

A modification to the company charter that requires 75% shareholder approval for a merger is called a:

• A)majority voting amendment.
• B)cumulative voting amendment.
• C)proxy voting amendment.
• D)supermajority amendment.

---

Definitions:

Wealth Distribution

The comparative analysis of the distribution of assets among individuals or groups within a society or economy.

Income Inequality

The uneven distribution of income among individuals in an economy, reflecting varying levels of wealth, wage, and earning disparities.

United States

A country in North America consisting of 50 states and a federal district, known for its economic and military power.

Temporary Assistance

Short-term financial or material support provided to individuals or families in need, often by the government or charitable organizations.