Charles owns 1,000 shares of stock in Temperan, Inc Charles wants to obtain corporate records including the corporation's minute book and accounting records. Under the Model Act, Charles is entitled to this information if he requests it in good faith and
A)?he owns at least 1 percent of the company or $2,000 of stock
B)?he is an employee of Temperan.
C)?he is a controlling shareholder.
D)?he has a proper purpose.
D
You might also like to view...
Advertising is often designed to add psychological value to a product or brand
Indicate whether the statement is true or false
Top-down retail plans are generally developed by firms that believe in participative management
Indicate whether the statement is true or false
Under what conditions is an employer allowed to make unilateral changes to the wages, hours, and working conditions of its employees?
What will be an ideal response?
The proximate cause requirement for a negligence tort is most likely not met where:
A) A driver injures a pedestrian when rounding a curve at twice the legal speed limit. B) A customer becomes ill from food that is carelessly packed at a processing plant. C) A customer in a building supply store carelessly drops a small can of paint that breaks open and is ignited from a spark caused when the metal can hits the concrete floor. D) A patient becomes sick from a doctor carelessly prescribing the wrong medicine. E) The victim of an accident was aware, prior to the actual accident, that the accident was likely to occur.