Solved

Use the Fact Situation in Q13 to Answer the Related

Question 6

Multiple Choice

Use the fact situation in Q13 to answer the related question that follows. Assume that A and B have a unanimous shareholder agreement,which provides that for the time being the accountant of the corporation shall have the deciding vote in the event of a deadlock between the shareholders.If the accountant votes with A against B,


A) B is bound by the vote.
B) B can bring a derivative action.
C) B can use the oppression remedy.
D) B can move to wind up the company.
E) B must sell his shares to A.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions