Roxanne is a minority shareholder in Sumner Inc. She is very unhappy with the way that the company is being operated. She therefore intends to express her disapproval and advocate changes at the next annual meeting. She will also be encouraging the other 50 shareholders of Sumner to vote against management's proposals. Which of the following statements is TRUE?
A) Roxanne can force the corporation to buy back her shares at the same price that she paid for them.
B) Roxanne is a dissident shareholder.
C) Roxanne has the right to force the corporation into liquidation.
D) Roxanne is entitled to obtain the minutes of the directors' meetings.
E) Roxanne is not entitled to obtain a list of shareholders from the corporation.
Correct Answer:
Verified
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