A corporation cannot refuse a shareholder's request to inspect corporate records.

Name: A corporation cannot refuse a shareholder's request to inspect corporate records.
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Question

Quizplus · Accepted Answer

According to most state corporation laws in the United States, shareholders have the legal right to inspect corporate records upon written request. The corporation cannot refuse this request unless there is a valid reason such as protecting confidential information or trade secrets.

A Corporation Cannot Refuse a Shareholder's Request to Inspect Corporate