A Majority Shareholder Does Not Owe a Fiduciary Duty to Minority

question 16

True/False

A majority shareholder does not owe a fiduciary duty to minority shareholders under any circumstances.

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Definitions:

Nondeclarative Memory

A type of long-term memory that is responsible for skills and tasks (procedural memory) that can be performed without consciously thinking about them.

Typing

Typing is the process of writing or inputting text by pressing keys on a typewriter, computer keyboard, cell phone, or calculator.

Words Per Minute

A measure of typing or reading speed, quantifying the number of words processed in a minute.

Retrieval Cues

Stimuli that help you recall or access memories.