Question

The board members of Bluegold corporation are meeting to discuss the possibility of the voluntary dissolution of the corporation. The idea for voluntary dissolution is put forward by a member of the board. The idea is seconded by another board member, and then put to the vote of the entire board of directors. The idea passes, and Bluegold corporation is voluntarily dissolved. The vote that authorized the dissolution is called ________.

Answer 1

the resolution

Step-by-step explanation:

Based on the information provided with regards to the situation at hand it can be said that the vote that authorized this is known as the resolution. Like described in the question, this term refers to the final verdict to a problem or idea put forward by a board member, and decided by voting between all board members until the verdict is decided. Which is exactly what happened with Bluegold corporations idea of voluntary dissolution.