Where a Company Is Not Being Managed Properly, Shareholders Can

question 46

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.

---

Definitions:

Monetary Rule

A policy framework suggesting that the central bank should target the growth rate of the money supply in the economy.

Price Stability

The economic condition characterized by the absence of significant changes in the average price level of goods and services over time.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in bank accounts.

Real Growth

Real growth refers to the expansion in the value of an economy's goods and services after adjusting for inflation, showing the true increase in economic output over time.