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Frank Is a Controlling Shareholder in E-Prise,Inc.Frank

Question 30

Multiple Choice

Frank is a controlling shareholder in E-prise,Inc.Frank:


A) may not enter into unfair business transactions with the corporation.
B) has a fiduciary duty to minority shareholders.
C) may not exclude minority shareholders from beneficial arrangements involving stock.
D) All of the above are correct.

Correct Answer:

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