In Dodge v.Ford Motor Co. ,the case in the text,why did the court order the payment of a dividend to common shareholders?
A) The majority shareholder was found guilty of fraud.
B) The majority shareholder was found guilty of misappropriating corporate funds.
C) The majority shareholder's reasoning for withholding payment was not justifiable.
D) The majority shareholder breached his fiduciary duty.
Correct Answer:
Verified
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