What Is the Most Important Factor That Contributes to a Minority

question 39

Multiple Choice

What is the most important factor that contributes to a minority shareholder's ability to commence a derivative action?

• A) The action must arise from discrimination against minority shareholders.
• B) The action must be a pursuit of proper and adequate disclosure of material information.
• C) The action must arise as a direct result of a fundamental change to the corporation.
• D) The action must be in the corporation's cause as a result of some injury to it.

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Definitions:

DL Efficiency Variance

The difference between the actual hours worked by direct labor to produce goods and the expected (or standard) hours, multiplied by the standard labor rate.

Skilled Engineering Labor

Workforce with specialized technical and engineering skills, vital for designing, implementing, and maintaining complex systems.

Direct Labor Efficiency Variance

A measure that analyses the variance between the actual hours worked and the standard hours set for producing a certain number of units.

Deadbolt Locks

A locking mechanism distinct from spring bolt lock, offering more security by requiring a key or knob to move the lock into the locked and unlocked positions.