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    Business
  3. Study Set
    Smith and Robersons Business Law
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    Exam 34: Financial Structure
  5. Question
    Under the Majority Rule,an Unsuspecting Shareholder Who Receives an Illegal
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Under the Majority Rule,an Unsuspecting Shareholder Who Receives an Illegal

Question 13

Question 13

True/False

Under the majority rule,an unsuspecting shareholder who receives an illegal dividend from a solvent corporation cannot be compelled to refund the dividend.

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