Which of the following scenarios DOES NOT involve oppressive conduct? Select one: Majority shareholders use their...

 

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Which of the following scenarios DOES NOT involve oppressive conduct? Select one: Majority shareholders use their stronger vote to appoint a legitimate director that the minority shareholders don't like Majority shareholders use their stronger vote to approve benefits to themselves that are not available to the minority Majority shareholders use their stronger vote to dilute the value of the minority's share capital Majority shareholders use their stronger vote to amend the company constitution in a way that disadvantages the minority Majority shareholders use their stronger vote to approve the sale of company assets to themselves at below market prices In relation to the 1874 case Menier v Hooper's Telegraph Works Ltd, select THREE correct statements. Select one or more: In this case, the majority shareholder used his stronger vote to benefit himself, at the expense of the minority shareholders The case involved a breach of the Equitable Limitation in circumstances where no changes were made to the company's constitution In this case, the court voided the business deal because Menier used his stronger vote to reject a business deal that would have benefited the company as a whole In this case, Menier used his stronger vote to prevent minority shareholders from taking legal action against him In this case, Menier used his stronger vote to issue additional shares to himself Which of the following scenarios DOES NOT involve oppressive conduct? Select one: Majority shareholders use their stronger vote to appoint a legitimate director that the minority shareholders don't like Majority shareholders use their stronger vote to approve benefits to themselves that are not available to the minority Majority shareholders use their stronger vote to dilute the value of the minority's share capital Majority shareholders use their stronger vote to amend the company constitution in a way that disadvantages the minority Majority shareholders use their stronger vote to approve the sale of company assets to themselves at below market prices In relation to the 1874 case Menier v Hooper's Telegraph Works Ltd, select THREE correct statements. Select one or more: In this case, the majority shareholder used his stronger vote to benefit himself, at the expense of the minority shareholders The case involved a breach of the Equitable Limitation in circumstances where no changes were made to the company's constitution In this case, the court voided the business deal because Menier used his stronger vote to reject a business deal that would have benefited the company as a whole In this case, Menier used his stronger vote to prevent minority shareholders from taking legal action against him In this case, Menier used his stronger vote to issue additional shares to himself

Answer rating: 100% (QA)

ANSWERS 1 C Majority shareholders use their stronger vote to dilute the value of the majoritys share capital Majority shareholders have the right to v... View the full answer