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A Court May Dissolve a Corporation in a Proceeding by a Shareholder

Question 25

Multiple Choice

A court may dissolve a corporation in a proceeding by a shareholder if it has established that:


A) the directors are deadlocked in the management of the corporate affairs.
B) the acts of the directors or those in control of the corporation are illegal,oppressive,or fraudulent.
C) the shareholders are deadlocked and have failed to elect directors for at least two consecutive annual meetings.
D) All of these.

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