Question：A company wishes to alter a clause in its articles. Is this possible?
A. Yes, the clause can only be altered by agreement of 75% of the members.
B. No, the clause cannot be altered.
C. Yes, the clause can only be altered by order of the court following a resolution passed by over 75% of the members.
D. Yes, the clause can only be altered by agreement of all the members.
The correct answer is: Yes, the clause can only be altered by agreement of 75% of the members.
The articles can be changed provided 75% of the shareholders agree and the change is for the benefit of the company as a whole.