A freeze-out:

A. can be easily reversed in court.
B. results in the minority shareholder having little influence in important corporate issues such as loss of employment.
C. occurs mostly in S corporations.
D. occurs when a majority shareholder is "frozen out" by the management regarding such issues as a reduction or elimination of dividends.


Answer: B

Business

You might also like to view...

Given that a customer purchased the brand Cessy in the present year (year 1), determine the probability that a customer will purchase Cessy in year 3

What will be an ideal response?

Business

Companies can improve their responsibility as custodians of customers' personal data by implementing

A) opt-in and opt-out information practices. B) AUP. C) e-mail monitoring. D) firewalls.

Business

Statistical sampling generally may be applied to test internal control when the client's internal control procedures:

A. Are carefully reduced to writing and are included in client accounting manuals. B. Depend primarily on appropriate segregation of duties. C. Leave an audit trail in the form of evidence of compliance. D. Enable the detection of material fraud in the accounting records.

Business

What is Radio Frequency Identification (RFID)? Provide four examples or scenarios of how RFID can be used to aid in supply chain management

Business