Under the Model Business Corporation Act, what types of corporate documents does a shareholder have a right to inspect?
What will be an ideal response?
A shareholder has a right to inspect a corporation's latest financial statements. It also requires the corporation to permit a shareholder, on written request, to examine in person, or through an agent, its "relevant books and records of account, minutes, and record of shareholders." The shareholder or agent may make extracts from these records. The shareholder however, must have a proper purpose for examining the records. A corporate official who denies a proper demand by a shareholder to inspect the shareholder list is liable for a penalty of 10 percent of the value of the shares of the demanding shareholder.
You might also like to view...
What are the principles of effective advertising?
What will be an ideal response?
_____________ is a contractual stipulation to ensure that ebusiness participants do not deny their online actions.
Fill in the blank(s) with the appropriate word(s).
Whiteboards are recommended when you want to ________
A) encourage the audience to collaborate and create content B) encourage the audience to listen and look carefully C) communicate complex material that people need to look at carefully D) provide a demonstration E) present lengthy content that cannot easily be seen in slide form
A good content page includes:
a. the bottom line b. a blueprint c. both of the above d. none of the above