Question
Legal Studies Question on Constitutional Laws
Pick the correct statement about oppression and mismanagement:
A
Individual interest may be sacrificed to the economic exigencies of the enterprise and judgment of the directors must prevail.
B
No more damage should come to the minority shareholders or individual shareholder than is absolutely necessary for protecting the benefit to the company.
C
Sidebottom v. Kershaw, Lease & Co is the leading case on this issue.
D
All of above are correct
Answer
All of above are correct
Explanation
Solution
The correct answer is option (D):All of above are correct.