Which of the following statements concerning shareholders is FALSE? Shareholders
A) have a right to receive notice of and attend the corporation's annual general meeting.
B) have a right to see the daily accounting books and corporate business files.
C) have a right to call special meetings of the corporation in particular situations where the Board of Directors refuses to call one.
D) that have voting rights have the rights to elect directors of the corporation.
E) have a right to seek a remedy if they have been unfairly treated by other shareholders.
B
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Which of the following is untrue regarding the contracts of incompetent persons?
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