Question: wow you answer. For Questions 1-3 please reference the fact pattern below: Conglomerated Fim (CF) is a Delaware corporation with subsidiaries covering all manner of

wow you answer. For Questions 1-3 please reference the fact pattern below: Conglomerated Fim ("CF") is a Delaware corporation with subsidiaries covering all manner of business ventures from computers to food and soft drink distribution. One of its subsidiary corporations, Tindrbar, Inc. (Tindrbar"), is a new chain of bar/pubs that specializes in serving cheap alcohol so that people lose their inhibitions and network with each other. Incorporated in Delaware, Tindrbar has 50 locations in 10 states. It is also widely known to provide well above average pay and benefits for its employees, and politically conservative directors dominate the Board. Although most of their business is in the liberal states of New York and California, the CEO of Tindrbar institutes a policy for all locations that only allows people born as women to use the women's room and people born as men to use the men's room. The Board anticipates some backlash in certain communities, but also believes the popularity of the product will overcome any resistance. Progressive groups announce plans to boycott Tindrbar. Laveme Cox, a transgender actress, buys shares of CF to submit a proposal to stop the policy. She proposes that the Board of CF forward to its shareholders the following proposal: "Be it resolved: the Shareholders require the Directors to integrate men's and women's rooms in all locations of Tindrbar." (1) Cox's request concerns Tinderbar, which constitutes a minority of CF's business. The Court will only find the matter sufficiently important to present to shareholders if: Answers A-D A the question concerns 3% or more of pet earnings O B the question concerns 5% or more of net earnings o the question concerns 7% or more of net earnings O D the question concerns 5% or less of net earnings
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