A consolidation of two corporations usually requires all of the following except
A. Approval by the board of directors of each corporation.
B. Receipt of voting stock by all shareholders of the original corporations.
C. Provision for an appraisal buyout of dissenting shareholders.
D. An affirmative vote by the holders of a majority of each corporation's voting shares.
Answer: B. Receipt of voting stock by all shareholders of the original corporations.
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Fill in the blank(s) with the appropriate word(s).
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