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Question
Fact Pattern 39-1Art is the majority shareholder of Business Corporation (BC), of which Cleo is the minority shareholder. Art uses BC funds to buy real estate in his own name, to invest in other businesses in his own name, and to buy personal items for himself. When Cleo asks Art to account for the expenditures, he refuses.
Refer to Fact Pattern 39-1. According to the reasoning of the court in Case 39.3, Robbins v. Sanders, Art's conduct is
a. not oppression because Art is BC's majority shareholder.
b. oppression by Art of BC and Cleo.
c. oppression by Art of BC only.
d. oppression by Art of Cleo only.
Answer
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