Marcel Lepine and Charles Aucoin are the two equal shareholders of a corporation that runs a clothing business. They begin to fight to the extent that they won't speak to each other even to manage the business
Marcel brings a court application under the shareholder oppression remedy to get a court order that the corporation buy his shares. The corporation has the money to do so, but Charles won't agree to the purchase. Which of the following is TRUE?
A) Marcel will not be successful on the court application because there has merely been a deadlock and no oppression.
B) Deadlock between shareholders is sufficient grounds for an order under the shareholder oppression remedy.
C) The court will only order a sale to strangers and not order the corporation to purchase Marcel's shares.
D) This is a common situation and not serious enough to justify any of the oppression remedies.
E) The court cannot order Charles to agree to the purchase.
B
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________ includes practices such as misrepresenting the product's features or performance or luring customers to the store for a bargain that is out of stock
A) Deceptive packaging B) Deceptive promotion C) Deceptive pricing D) Deceptive distribution E) Deceptive branding
Answer the following statements true (T) or false (F)
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a. True b. False Indicate whether the statement is true or false