Question

Which member approval threshold is most consistent with statutory practice for passing a Section 14 of KCS Act amalgamation scheme at a general meeting?

• A. A simple majority of members present and voting
• B. Two-thirds or three-fourths majority as prescribed
• C. A unanimous vote of all members present
• D. A fifty-one percent majority of the total membership

Answer 1

Answer:

B. Two-thirds or three-fourths majority as prescribed

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