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Which of the following statements are true? A)Shareholders do not have the authority to initiate major changes to the corporation B)Directors can amend the bylaws

Which of the following statements are true?

A)Shareholders do not have the authority to initiate major changes to the corporation

B)Directors can amend the bylaws on their own authority

C)Shareholders must approve any sale of corporate assets

D)All shareholders are fiduciaries of the corporation

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