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Explain Minority protection: (i) How majority rule affects minority interests (ii) Fraud: Expropriation of company's property Breaches of fiduciary duties Negligent acts from which directors

Explain Minority protection:

(i) How majority rule affects minority interests

(ii) Fraud:

  • Expropriation of company's property
  • Breaches of fiduciary duties
  • Negligent acts from which directors benefit themselves
  • Use of power for improper purpose

(iii) Derivative action

(iv)Prejudicial --> Unfair prejudice remedy

(Please summarize/rewrite the explanation of the principal and relevant cases --> No need to explain the judgement and held related to the cases just the principles are enough)

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