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:

Family Interactions

The dynamics and communication patterns among members of a family.

Relapse

The recurrence of a past condition or behavior, often used in the context of drug addiction or mental health disorders.

Cognitive-behavioral Approach

A psychological methodology that combines cognitive and behavioral techniques to modify dysfunctional emotions, behaviors, and thoughts.

Hallucinatory Voices

Hearing voices or sounds that have no external source, often associated with psychological conditions like schizophrenia.