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ABC LtdIs a Closely Held Corporation

Question 61

Multiple Choice

ABC Ltd.is a closely held corporation.Two of the shareholders serve as directors.As directors,they voted to issue themselves more shares to increase their voting control of the corporation.Which of the following provisions would aid the other shareholders?


A) indoor-management rule
B) pre-emptive right provisions
C) derivative-action provisions
D) relief-from-oppression provisions
E) dissent procedure

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