When a corporation sells all or substantially all of its assets to another corporation, generally,
a. a majority of both shareholders and directors must approve.
b. one-third of the shareholders must approve.
c. fifty-one percent of the directors must approve.
d. two-thirds of the directors must approve.

a. a majority of both shareholders and directors must approve.

Explanation:

Whenever a corporation decides to dispose off all of it's assets or substantially all of it's assets to another corporation, following points are noteworthy

In short, disposition of all or substantially all the assets requires an approval of a majority of both shareholders and directors.

answer; ///liability;