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Select the most correct answer. If it is unclear why directors issued additional shares in a company, or if directors had more than one reason
Select the most correct answer. If it is unclear why directors issued additional shares in a company, or if directors had more than one reason for issuing additional shares in a company, the directors will have acted for an improper purpose if: Question 6 Select one: a. It matched their own interests as shareholders b. It can be proven by written documents c. It was causative, in the sense that if that purpose did not exist, no shares would have been issued d. They honestly believed that they were doing the right thing for the company
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