A breach of fiduciary duties by those who own a close corporation normally constitutes oppressive conduct.

Question

Quizplus · Accepted Answer

A breach of fiduciary duties by those who own or control a close corporation can constitute oppressive conduct because it violates the high standard of care and loyalty owed to the corporation and its shareholders, potentially harming the interests of minority shareholders or the corporation itself.

A Breach of Fiduciary Duties by Those Who Own a Close