In a Closely Held Corporation,the Majority Shareholders

question 73

Multiple Choice

In a closely held corporation,the majority shareholders

• A) have no influence on management.
• B) can control election of a board of directors.
• C) cannot be employed by the corporation.
• D) have the same impact on policy as minority stockholders.
• E) bring derivative suits on behalf of the corporation.

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Definitions:

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