Where a Company Is Not Being Managed Properly, Shareholders Can

question 16

Multiple Choice

Where a company is not being managed properly, shareholders can commence legal action against a company if they can establish that there has been "oppressive conduct".The meaning of oppressive conduct does not encompass conduct that is contrary to the interests of:

• A)Ordinary members.
• B)Shareholders.
• C)A class of members.
• D)The public.

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Definitions:

Reset To Zero

The action of setting a numerical value or count back to zero in systems, circuits, or software applications.

CTD

Stands for Countdown Timer Delay, often used in electronics and programming to introduce a delay before an action is executed.

Count-Down Counter

A Count-Down Counter is a digital device or mechanism that counts down from a specified number to zero, often used in timing or as part of control systems.

True-To-False Transitions

Changes in logic state from a true (high) condition to a false (low) condition, often monitored in digital circuits for triggering events or actions.