A Corporation May Be Judicially Dissolved When Its Management Is

question 11

True/False

A corporation may be judicially dissolved when its management is deadlocked and the deadlock cannot be broken by the shareholders.

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Definitions:

Resentment

A feeling of displeasure or indignation resulting from unfair treatment or wrongs experienced.

Information Technology

The study, design, development, implementation, support, or management of computer-based information systems, particularly software applications and computer hardware.

Computer-mediated Meetings

Gatherings held via digital platforms where participants use computers or other smart devices to interact, discuss, and make decisions, often without being physically present in the same location.

Teleconferencing

The use of telecommunications technology to hold meetings between participants in different locations, allowing for audio and video communication.