Peter has agreed to sell his business to Globo Enterprises. Globo is a publicly traded corporation. The next day, Peter suddenly has significant funds and purchases a controlling stake of stock shares in Globo. The President and CEO of Globo objects. O Peter as a controlling shareholder can exercise control over the objection of the president Peter must still get approval of the President Peter cannot control Globo without approval of the Board of Directors Because Peter received his mon y from gambling, he cannot take control of Globo 2 pts