SUBJECT: BUSINESS LAWS AND REGULATIONS

TOPIC: INCORPORATION AND ORGANIZATION OF PRIVATE ORGANIZATIONS

Answer the following for as long as you can. Thank you in advance.

1. A, a corporation, was organized for a term of 50 years, expiring in December 2006. Outline the steps to be taken in order that it may extend its corporate life.
2. Can a corporation validly change its corporate name under its general power to amend its Articles of Incorporation and result in dissolution? Explain.