Walter White and his two friends Jesse Pinkman and Hank Schrader were the controlling shareholders of United Guaranty Mortgage Company (UGMC). There was no trading in UGMC's stock because the shares were held by a total of 5 shareholders, including White, Pinkman and Schrader.As controlling shareholders, White and his friends elected themselves to be the only directors of UGMC.They refused to declare dividends.They paid themselves $50,000 a year in director's fees.White, Pinkman and Schrader were also the only employees of UGMC, and they voted themselves salaries of $150,000 per year.The minority shareholders want to sue White, Pinkman and Schrader to force them to buy out the minority shareholoders' shares at a fair, appraised value.Neither the articles of incorporation nor the by-laws of UGMC makes any mention of a buy/sell arrangement or any other trading restrictions or requirements.

What claim would the minority shareholders have against the majority shareholders?

Group of answer choices

Breach of contract --failure to buy out the minority shareholders' shares

Insider trading -- violation of Rule 10b-5 of the Securities Exchange Act of 1934

Breach of duty of care -- violation of the business judgment rule

Breach of fiduciary duty -- oppression by the majority shareholders