The rule in Foss v Harbottle provides: a.That the majority directors run the company. b.That the majority

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The rule in Foss v Harbottle provides:

a. That the majority directors run the company.

b. That the majority shareholders decisions prevail in the company.

c. That the proper plaintiff can only be the directors of a company where the company has been wronged.

d. That only the majority shareholders of a company can commence a legal action where the company has been wronged.

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Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Nov 02, 2023 07:30 AM

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The rule in Foss v Harbottle provides: a.That the majority directors run the company. b.That the majority

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Smith and Roberson Business Law

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