Shareholders of a Company in General Meeting Who Are Unhappy

question 29

Multiple Choice

Shareholders of a company in general meeting who are unhappy with the management decisions of the board of directors do not have the right to:

• A)remove the directors and reappoint new directors.
• B)amend the internal management rules to limit the director's discretion.
• C)override or suspend the board's management authority and make management decisions in its place.
• D)amend the Constitution to limit the director's authority.

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Definitions:

Legally Insane

A legal term describing a person who is unable to understand the nature of their actions or distinguish right from wrong due to mental illness at the time of committing a crime.

Self-destructive

Behaviors or actions that cause harm or potential harm to oneself.

Distressed

Experiencing anxiety, sorrow, or pain.

MMPI

A comprehensive psychological test that assesses personality traits and psychopathology.