By a Two Thirds Majority Vote,EcoGreen Inc

question 38

Multiple Choice

By a two thirds majority vote,EcoGreen Inc.'s shareholders approved a proposed amendment to the articles of incorporation allowing for the public ownership of the company's shares and the adoption of a dual class share structure.Zoe voted against the change.What is Zoe's best solution to her dissatisfaction?

• A) seeking a court ordered oppression remedy
• B) commencing a derivative action
• C) soliciting proxy votes
• D) exercising her dissent and appraisal right

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Definitions:

Income

Proceeds obtained, often periodically, from labor or investment returns.

Utility

A measure of satisfaction or happiness that consumers derive from the consumption of goods and services.

Perfect Substitutes

Two goods that could be used in place of each other with no loss of utility to the consumer.

Perfect Complements

Goods that are always used together in fixed proportions, where the consumption of one good requires the consumption of a specific quantity of another good.