Tom Is the Sole Director and Largest Shareholder of Newage

question 87

Multiple Choice

Tom is the sole director and largest shareholder of Newage Corporation,a close corporation.Jim and Janice,the two other shareholders of Newage Corporation,allege that Tom is paying himself a large salary (no dividend has been paid in the last three years) .Tom also refuses to hire them as employees of the corporation.Jim and Janice are complaining of:

• A)oppression.
• B)novation.
• C)right of appraisal.
• D)maltreatment.

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Definitions:

Cohabitation

The state of living together and having a sexual relationship without being married.

Trial Marriage

A temporary marital arrangement intended to test the compatibility of a couple before formal marriage.

Sternberg's

Refers to theories developed by psychologist Robert Sternberg, especially his triangular theory of love or his theory of intelligence.

Triangular Theory

A theory of love proposed by psychologist Robert Sternberg, which suggests that love consists of three components: intimacy, passion, and commitment.