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.

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Definitions:

Somatic Nervous System

A part of the peripheral nervous system responsible for voluntary control of body movements through control of skeletal muscles.

Efferent Nervous System

Part of the nervous system responsible for carrying signals away from the brain and spinal cord to muscles, thereby instructing them to act or move.

Autonomic Nervous System

The part of the nervous system that controls involuntary actions of the body, such as heart rate, digestion, and respiratory rate.

Biogenic Amines

Organic compounds, including neurotransmitters like dopamine and serotonin, involved in signal transmission within the nervous system.