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The Winding Up (Dissolution)of a Corporation Can Be Required by a Court

Question 5

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The winding up (dissolution) of a corporation can be required by a court in order to rescue a


A) bankrupt shareholder.
B) CEO who has reached an impasse with the board of directors.
C) director who has been unjustly dismissed.
D) locked-in shareholder.
E) minority shareholder from a buyout by others.

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