Which of the Following Statements Is TRUE? a Shareholder Has

question 36

Multiple Choice

Which of the following statements is TRUE? A shareholder has a legal right to participate in the management of the corporation

• A) only if elected as a director or appointed as an officer or employee.
• B) only when exercising management powers acquired under a unanimous shareholders agreement.
• C) only when the shareholder holds a majority of the shares issued by the corporation.
• D) in no circumstance.
• E) only if elected as a director or appointed as an officer or employee or when exercising management powers acquired under a unanimous shareholders agreement.

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