Ontario Barrister and Solicitor Practice Exam

Through which methods can a corporation be dissolved?

1. Resolution of a majority of shareholders

2. Court order

3. Breach of statutory provisions

4. All of the above

The correct answer is: All of the above

A corporation can be dissolved through either a majority shareholder resolution, a court order, or a breach of statutory provisions. These are not mutually exclusive options, so it is possible for a corporation to be dissolved through a combination of these methods. Option D, "All of the above," is the most accurate answer as it encompasses all possible methods for dissolution. Option A, "Resolution of a majority of shareholders," is not entirely accurate because it does not account for the fact that a corporation may also be dissolved through a court order or breach of statutory provisions, without the involvement of the shareholders. Option B, "Court order," is also not entirely accurate because a corporation can also be dissolved through other means, such as shareholder resolution or a breach of statutory provisions. Option C, "Breach of statutory provisions," is not entirely accurate because it does not account for the possibility of dissolution through