Where a Shareholder Believes That a Director Has Acted Improperly

question 37

Multiple Choice

Where a shareholder believes that a director has acted improperly as against the interests of the corporation, he or she will commence

• A) a rectification action.
• B) a dissolution action.
• C) a derivative action.
• D) a prejudicial relief action.
• E) an ultra vires declaration action.

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Definitions:

Innermost Conflicts

Deep-seated struggles or disagreements within oneself, often involving emotions or desires.

Resistance

The refusal to accept or comply with something; the attempt to prevent something by action or argument.

Word Association

is a psychological method where individuals spontaneously say or write the first word that comes to mind in response to a given word.

Neuroses

A term often used historically to describe a range of psychological disorders characterized by anxiety, depression, or other feelings of distress but not by delusions or hallucinations.