Charles,a Minority Shareholder in a Large Private Provincial Company,has Just

question 14

Multiple Choice

Charles,a minority shareholder in a large private provincial company,has just learned that the controlling shareholder together with the directors of the company intend to sell a large portion of the property owned by the corporation at a price less than its fair market value.If Charles wants to stop this,he will

• A)seek the oppression remedy.
• B)launch a derivative action.
• C)bring an appraisal remedy.
• D)seek an order to wind up the company.
• E)all of the above

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Definitions:

Family

A social unit consisting of parents and their children, extended kin, or other individuals related by blood, marriage, or adoption.

Society

A community of people living together in a more or less ordered community, sharing habits, laws, and organizations.

Abortion

The medical or surgical termination of a pregnancy before the fetus can live independently outside the mother's womb.

Acquisitive

Having a strong desire to acquire material possessions or gain new knowledge.