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Noel Is a Majority Shareholder of Oil Change Shops Inc

Question 67

Multiple Choice

Noel is a majority shareholder of Oil Change Shops Inc. Using this control,Noel excludes Polly,a minority shareholder,from benefits of participating in the firm. Polly can


A) assert the business judgment rule.
B) bring a suit for damages.
C) exercise de facto control.
D) force a cumulative vote.

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