Frank Is a Controlling Shareholder in E-Prise,Inc.Frank

question 30

Multiple Choice

Frank is a controlling shareholder in E-prise,Inc.Frank:

• A) may not enter into unfair business transactions with the corporation.
• B) has a fiduciary duty to minority shareholders.
• C) may not exclude minority shareholders from beneficial arrangements involving stock.
• D) All of the above are correct.

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Definitions:

Slander

The act of making false and damaging statements verbally about someone, harming their reputation.

Defamation

A false statement presented as fact that causes injury or damage to the reputation of an individual or entity.

Battery

is an intentional and unlawful physical contact or force used against another person without their consent, potentially resulting in criminal charges.

Assault

An act that threatens physical harm to a person, whether or not actual harm is inflicted.