quizzes and tests\ntotal points: -/150\na corporation must obtain shareholder approval before the company\n…

quizzes and tests\ntotal points: -/150\na corporation must obtain shareholder approval before the company\n sells off a major portion of its business to another company.\n opens additional offices.\n hires or fires a significant number of employees.\n expands into foreign markets.

quizzes and tests\ntotal points: -/150\na corporation must obtain shareholder approval before the company\n sells off a major portion of its business to another company.\n opens additional offices.\n hires or fires a significant number of employees.\n expands into foreign markets.

Answer

Brief Explanations:

Selling off a major portion of a business is a significant corporate - level decision that can greatly impact shareholders' interests. Shareholder approval is typically required for such major strategic and asset - related changes. Opening additional offices, hiring/firing employees, and expanding into foreign markets are usually within the purview of management's day - to - day or strategic decision - making and may not always require shareholder approval.

Answer:

A. sells off a major portion of its business to another company.