Use the Fact Situation in Q13 to Answer the Related

question 6

Multiple Choice

Use the fact situation in Q13 to answer the related question that follows. Assume that A and B have a unanimous shareholder agreement,which provides that for the time being the accountant of the corporation shall have the deciding vote in the event of a deadlock between the shareholders.If the accountant votes with A against B,

• A)B is bound by the vote.
• B)B can bring a derivative action.
• C)B can use the oppression remedy.
• D)B can move to wind up the company.
• E)B must sell his shares to A.

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Definitions:

Efficient Combination

The optimal use or allocation of resources to achieve the best possible outcome or production level.

Economy Will Produce

Refers to the total output of goods and services that an economy generates over a specific time frame.

Outside The Frontier

Referring to production or economic activity occurring at a level below the potential or efficient production frontier, indicating underutilization of resources.

Available Technology

Refers to the current set of tools, machinery, and methods that can be used to produce goods and services.