ontario law

III. - Fictional Factual Framework - Application of the Law to the Facts (5 points) Benoit is a shareholder in the company BleuCiel Inc. He learns from a reliable source that Monash, the president and CEO of the company, pays a fictitious employee a salary of $150,000 per year. Benoit believes that Monash is abusing his position as CEO and is jeopardizing BleuCiel Inc. However, according to Benoit, since BlueSky Inc. is a legal entity, there is no effective legal recourse to preserve the general interest of the company. Answer the two questions below: 1. Is Benot right? Why? (Instructions: 5 lines maximum.)

2. Is there a legal recourse that could be exercised by Benot in the name and on behalf of BleuCiel Inc ? If so, what is this remedy called ? Why would this be the appropriate recourse in this situation? (Instructions: In 5 lines maximum.)