Solved

A Court May Dissolve a Corporation in a Proceeding Brought

Question 8

Multiple Choice

A court may dissolve a corporation in a proceeding brought by a shareholder when:


A) the directors are deadlocked and the shareholders are unable to break the deadlock.
B) the shareholders are deadlocked and have failed to elect directors for at least two consecutive annual meetings.
C) the corporate assets are being misapplied.
D) All of these .

Correct Answer:

verifed

Verified

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

Related Questions