Which of the following is NOT a valid type of shareholder resolution under CBCA

date:2026-03-17 16:34:24 author:admin browse: time View comments Add Collection

Which of the following is NOT a valid type of shareholder resolution under CBCA

Which of the following is NOT a valid type of shareholder resolution under CBCA?

A. Ordinary resolution

B. Special resolution

C. Unanimous shareholder resolution

D. Executive resolution

Answer: D

Explanation: Executive resolutions are board/management actions; CBCA recognizes ordinary, special, and unanimous shareholder resolutions.