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Ashorn Ashorn
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6 years ago
Use this fact situation to answer the related questions that follow.
George, John, Edward, and Mary each own 25 percent of the common shares of a private company that they incorporated five years ago. At that time, they decided that they did not need a shareholders' agreement. Now there has been a falling out between them and the three men have used their majority vote to take away Mary's salary, terminate her employment with the company, and remove her as a director and officer of the company.

In this case, Mary has recourse to
a. a derivative action.
b. an oppression remedy.
c. the appraisal remedy.
d. winding up the company.
e. all of the above
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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Existence87Existence87
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Ashorn Author
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#2
6 years ago
Came right on time, ty so much!
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