Which of the following actions may be taken by a corporation's board of directors without shareholder approval?
A. Purchasing substantially all of the assets of another corporation.
B. Selling substantially all of the corporation's assets not in the regular course of business.
C. Dissolving the corporation.
D. Amending the articles of incorporation.
Answer: A. Purchasing substantially all of the assets of another corporation.
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Local communities are stakeholders of organizations because communities
a. rely on the products the companies produce. b. rely on the tax base from companies and the jobs the company provides. c. wish to join forces with organizations to create strategic alliances. d. need a major corporate presence to maintain federal funding of the local highway system.
Representative C is most likely from which of the following countries?
A) Canada B) Indonesia C) Pakistan D) Afghanistan