DC Bar Practice Questions - District Of Columbia Bar Examination Exam

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A corporation wishes to merge with another corporation. Under general corporate law, approval of a merger ordinarily requires:

Only the approval of the chief executive officer Approval by the boards of directors and, generally, the shareholders of the constituent corporations Unanimous approval of all employees Approval by the Secretary of State alone

Correct Answer:

Approval by the boards of directors and, generally, the shareholders of the constituent corporations

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