Tom Is the Sole Director and Largest Shareholder of Newage

question 42

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 though 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:

Experiential Intelligence

Intelligence that involves the ability to use past personal experiences to solve new problems.

Contextual Knowledge

Understanding that is informed by and applied within the context in which it occurs, reflecting the situation, environment, or specific circumstances.

Practical Knowledge

Knowledge that is acquired through experience and practice, often skill-based or technique-oriented, enabling problem-solving in real-world situations.

Postconventional Morality

A stage of moral development where an individual's moral reasoning is based on ethical principles and universal human rights, rather than on societal rules or expectations.