Which of the following are uncommon remedies available to a corporation’s minority shareholders through common law...

Which of the following are uncommon remedies available to a corporation’s minority shareholders through common law and legislation? ( Under canadian law system)
a. appraisal and the return of surplus assets
b. winding up and derivative action
c. appraisal and derivative action
d. winding up and the return of surplus assets

Expert Solution

Minority shareholders are those that own less than half of the total shares of the company. There are a few uncommon remedies that are provided to these shareholders by the common law and legislation. These uncommon remedies include winding up and returning of surplus assets to the company. Therefore, the correct option is (d). All others are not the remedies available to minority shareholders.

keosha answered 2 years ago

What types of remedies are available to shareholders of a company? Explain (1000 words)

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