What Right Does a Shareholder Have to Inspect the Books

question 95

Multiple Choice

What right does a shareholder have to inspect the books and records of a corporation?

• A) The shareholder has an absolute right to inspect the articles of incorporation, shareholder list, bylaws and minutes of shareholders' meetings within the past three years, and a limited right to inspect other records.
• B) The shareholder has an absolute right to inspect all books and records of the corporation.
• C) The shareholder has a limited right to inspect all books and records of the corporation.
• D) The shareholder has a general right to inspect all books and records, but only under the strict supervision of the board of directors.
• E) The shareholder has no right to inspect such documents, unless the corporate bylaws specifically grant such a right.

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