Charles Owns 1,000 Shares of Stock in Temperan,Inc

question 45

Multiple Choice

Charles owns 1,000 shares of stock in Temperan,Inc.Charles wants to obtain corporate records including the corporation's minute book and accounting records.Under the Model Act,Charles is entitled to this information if he requests it in good faith and

• A)he has a proper purpose.
• B)he owns at least 1 percent of the company or $2,000 of stock.
• C)he is an employee of Temperan.
• D)he is a controlling shareholder.

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