A Modification to the Corporate Charter That Requires 80% Shareholder

question 13

Multiple Choice

A modification to the corporate charter that requires 80% shareholder approval for a takeover is called a(n) :

• A) repurchase standstill provision.
• B) exclusionary self-tender.
• C) supermajority amendment.
• D) tender offer.

---

Definitions:

Employee Benefits

Forms of non-wage compensation provided to employees in addition to their normal wages or salaries, such as health insurance, paid vacation, and retirement plans.

Reward System

A structured plan designed to motivate and incentivize individuals or teams by recognizing and rewarding their achievements and contributions.

Social Learning Theory

A theory that posits individuals learn new behaviors and attitudes through observation and imitation of others within a social context.

Sports Psychology

A discipline that studies how psychological factors influence sports, athletic performance, exercise, and physical activity.