Which of the following actions may a corporation take without its shareholders' consent?
A. Consolidate with one or more corporations.
B. Merge with one or more corporations.
C. Dissolve voluntarily.
D. Purchase 55% of another corporation's stock.
Answer: D. Purchase 55% of another corporation's stock.
Business
You might also like to view...
Long-term care insurers must keep all advertisements for at least
A) Five years B) Three years C) Two years D) Four years
Business
Western advertising agencies still find markets such as China and Japan to be very complex, as Asian agencies find it just as difficult to establish local agency presence in western markets
Indicate whether the statement is true or false
Business