UOP LAW 531 Week 6 Final Exam Study Guide1
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) No, because the board of directors did not authorize the<br />
president and CEO or the other employees to violate federal law.<br />
c) No, because a corporation is not liable for most crimes committed<br />
by its agents.<br />
d) Yes, because a corporation is always liable for the crimes<br />
committed by its agents.<br />
4. For which of the following would a shareholder derivative action be<br />
appropriate?<br />
a) The shareholder alleges that the corporation has violated the<br />
shareholder’s preemptive right.<br />
b) The shareholder alleges that the board of directors has<br />
imprudently managed the corporation.<br />
c) The shareholder has refused a request that his/her accountant be<br />
permitted to look at the corporate accounting records.<br />
d) The shareholder alleges that the corporation has been paying<br />
dividends to a previous shareholder from whom the shareholder<br />
purchased his/her shares.<br />
Download for answers <strong>LAW</strong> <strong>531</strong> <strong>Week</strong> 1 Complete
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