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The Right of a Shareholder to Examine the Books and Records

Question 26

Multiple Choice

The right of a shareholder to examine the books and records of the corporation is a valuable right.However,it may be denied if the shareholder:


A) seeks information to determine the financial condition of the corporation.
B) desires to know the amount of executive salaries.
C) seeks information to embarrass or cause loss to the corporation.
D) desires the names and addresses of other shareholders.

Correct Answer:

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