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What Right Does a Shareholder Have to Inspect the Books

Question 94

Multiple Choice

What right does a shareholder have to inspect the books and records of a corporation?


A) The shareholder has an absolute right to inspect the articles of incorporation, shareholder list, bylaws and minutes of shareholders' meetings within the past three years, and a limited right to inspect other records.
B) The shareholder has an absolute right to inspect all books and records of the corporation.
C) The shareholder has a limited right to inspect all books and records of the corporation.
D) The shareholder has a general right to inspect all books and records, but only under the strict supervision of the board of directors.
E) The shareholder has no right to inspect such documents, unless the corporate bylaws specifically grant such a right.

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