What Is the Most Important Factor Contributing to a Shareholder's

question 66

Multiple Choice

What is the most important factor contributing to a shareholder's decision to exercise her pre emptive right?

• A) a desire to inspect the register of share transfers
• B) a need to ask the court to appoint an inspector
• C) a desire to maintain her current level of control
• D) a need to know if directors are purchasing shares

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Definitions:

Notice of Dishonor

A formal notification indicating that a negotiable instrument, such as a check or bill of exchange, has been presented for payment and refused.

Cashier's Check

A check issued by a bank, drawn from its own funds and signed by a cashier or teller, guaranteeing payment to the payee.

Primarily Liable

Being the first or main party responsible for fulfilling a financial or legal obligation.

Fraud in the Factum

Refers to a specific type of fraud where a person is deceived into signing a document not knowing its true nature or essence.