Corrine has been a real estate developer in the City of Ottawa for more than 20 years. She regularly buys and sells properties. In 2014, Corrine agrees to go into business with Akbar who has experience buying and selling property in the small towns that surround Ottawa. They agree to set up a corporation to carry on a business of buying and selling property outside of Ottawa. They each will contribute $1 000 000 in return for 50 percent of the shares of the corporation. Each will be a director. The corporation buys and sells several properties over the next two years. In 2016, Corrine hears from an old friend about a very small property for sale just outside of Ottawa in Blackburn Hamlet. The price is a real bargain, $50 000. She wants to buy it herself. Can she? What should she do?