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Carten Printing receives an unexpectedly large order for shipping envelopes from one of its regular clients, a major Canadian CD-ROM retailer. In order to meet the order delivery date, Carten farms out part of the printing to another firm, Serger Printing. Serger, in an attempt to raise its own profit margin on the deal, uses lower grade adhesive and cuts corners on printing quality. The faulty shipping envelopes show up as returns made to the retailer from dissatisfied customers. The retailer takes action against Carten for damages. What is the most likely outcome?
Shareholders
Individuals or entities that own shares in a corporation, thus holding a portion of the company's equity.
Proxy Contests
A competition for the proxy votes of shareholders, typically aimed at gaining control of the company's board of directors.
Shareholder Votes
The process by which company shareholders exercise their right to vote on corporate matters, typically during annual general meetings.
Management
The process of directing and controlling a group or organization to achieve set goals, involving planning, organizing, leading, and controlling resources.
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