With regard to the law of corporations, which of the following is true?
◦ If a minority shareholder is treated unfairly, the appropriate relief to request is that the court "lift the corporate veil."
◦ "Relief-from-oppression" provisions allow a party who has contracted with the corporation to force the corporation to honour a contract it has signed in an irregular manner.
◦ In many jurisdictions, pre-emptive rights entitle a shareholder to pass on her right to vote to someone else.
◦ A director of a corporation could not be personally liable on a promissory note even if he just signed his own name, as long as at the time he had intended to sign on behalf of the corporation.
◦ A creditor of a corporation could sue for some remedy if the directors of the corporation voted for a resolution to pay a dividend when the corporation was insolvent.
A true albino squirrel. Note the pink eyes.
true story
True Forget-Me-Not
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