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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.


Definitions:

Jean Piaget

A Swiss psychologist known for his pioneering work in child development, particularly his theory of cognitive development.

Reflex

An involuntary response, one that is not under personal control or choice.

Newborn

Refers to a baby from birth to about 2 months of age, characterized by rapid physical growth and developmental changes.

Spontaneous Abortion

A medical term often used to describe a miscarriage, which is the natural loss of a fetus before it is viable outside the womb.

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