Undue Influence Involves a State of Affairs Whereby a Person

question 17

Multiple Choice

Undue influence involves a state of affairs whereby a person is so influenced by another that

• A) the person is considered to be in a special relationship.
• B) the person is liable to seek out other advice.
• C) the person's judgment allows them to act illegally.
• D) the person's judgment is not his or her own.
• E) the person does not act in good faith.

---

Definitions:

Outstanding Ordinary Shares

The total number of shares currently held by shareholders, including restricted shares held by company officers and insiders, but not treasury shares.

Restricted Retained

Earnings that are not freely available for distribution to owners, often earmarked for compliance, legal, or operational purposes.