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| Concerning the powers of corporations, which of the following is correct? A. Corporations may guarantee other corporations’ obligations if it is in reasonable furtherance of the corporation’s business. B. Corporations can make charitable contributions only if they can convince the shareholders that it is in the best interests of the corporation. C. Corporations may not acquire their own shares without a two-thirds vote by the shareholders. D. Corporations may never give loans to its directors. |