Roxanne Is a Minority Shareholder in Sumner Inc

question 14

Multiple Choice

Roxanne is a minority shareholder in Sumner Inc.She is very unhappy with the way that the company is being operated.She therefore intends to express her disapproval and advocate changes at the next annual meeting.She will also be encouraging the other 50 shareholders of Sumner to vote against management's proposals.Which of the following statements is TRUE?

• A)Roxanne is entitled to obtain the minutes of the directors' meetings.
• B)Roxanne is a dissident shareholder.
• C)Roxanne can force the corporation to buy back her shares at the same price that she paid for them.
• D)Roxanne has the right to force the corporation into liquidation.
• E)Roxanne is not entitled to obtain a list of shareholders from the corporation in any circumstances.

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Definitions:

Cones

Photoreceptor cells in the retina of the eye responsible for color vision and functioning best in bright light.

Fovea

A small depression in the retina of the eye where visual acuity is highest due to the concentration of cones.

Peripheral Vision

The part of vision that occurs outside the very center of gaze, allowing for the detection of stimuli through the sides of the eyes.

Color Vision Deficiency

A condition where an individual's ability to see or distinguish colors is impaired or reduced.