Even holders of non-voting shares or non-voting members are entitled to vote on the amendment of the Articles of Incorporation.Group of answer choicesTrueFalse

The shareholders or members mentioned in the Articles of Incorporation originally forming and composing the corporation and who are signatories thereof are called

Pre-emptive right may be denied to a stockholder ____________.a.At the discretion of the board of directorsb.By the articles of incorporation or by amending the articles of incorporationc.By the by-laws of the corporationd.By the vote of 2/3 of all shareholders

All shareholders of a corporation have the right to share in the profits of the corporation.Group of answer choicesTrueFalse

When organizing a corporation, the incorporators submit articles of incorporation to Group of answer choicesthe board of Investmentsa judgethe Securities and Exchange Commissionthe National Bureau of Investigation

No corporation shall possess or exercise corporate powers other than those conferred by this Code or by its articles of incorporation and except as necessary or incidental to the exercise of the powers conferred.Group of answer choicesTrueFalse