Class Notes (834,159)
Canada (508,387)
Langara College (1,809)
FMGT 1116 (41)
E.Hamer (38)
Lecture

Safeguards.docx

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Department
Financial Management
Course
FMGT 1116
Professor
E.Hamer
Semester
Summer

Description
Safeguards a) Inspection  Must have >20% (can get others to accumulate to 20%) of the issued shares;  May apply to court to have an inspector (auditor investigate the company)  Shareholders asking for inspection must pay the cost of the audit into court: if no wrong-doing, payment is forfeited- if wrong-doing is discovered, sha
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