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A Shareholder That Engages in a Conflict on Interest with a Corporation

Question 36

Multiple Choice

A shareholder that engages in a conflict on interest with a corporation is which the shareholder holds shares must:


A) get the consent of the corporation in which the shareholders holds shares
B) pay damages to the corporation
C) disgorge any profit the shareholder makes through the conflict of interest
D) sell the shareholders shares to the corporation
E) none of the above

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