Solved

Which of the Following Statements Is TRUE? a Shareholder Has

Question 12

Multiple Choice

Which of the following statements is TRUE? A shareholder has a legal right to participate in the management of the corporation


A) in no circumstances.
B) only if elected as a director or appointed as an officer or employee.
C) only if elected as a director or appointed as an officer or employee or when exercising management powers acquired under a unanimous shareholders agreement.
D) only when the shareholder holds a majority of the shares issued by the corporation.
E) only when exercising management powers acquired under a unanimous shareholders agreement.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents