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:

Labor Demand Curve

A graphical representation showing the relationship between the quantity of labor demanded by employers and the wage rate.

Equilibrium Wage

The wage rate at which the quantity of labor firms wish to hire equals the quantity of labor workers wish to supply in the labor market.

Marginal Product

The extra output that is produced by using one more unit of a variable input, holding other inputs constant.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a resource or input.