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Basic Question 26 of 28
Shareholders and creditors can appeal to a judge to rule against management actions and decisions that are not expressly forbidden by statute or code.
B. This is possible in the civil law system but not in the common law system.
C. This is possible in both systems.
A. This is possible in the common law system but not in the civil law system.
B. This is possible in the civil law system but not in the common law system.
C. This is possible in both systems.
User Contributed Comments 1
| User | Comment |
|---|---|
| walterli | common law-written civil law-unwritten |
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe corporate governance and mechanisms to manage stakeholder relationships and mitigate associated risks
CFA® 2024 Level I Curriculum, Volume 2, Module 3.