In a closely held corporation, a breach of the duty of a majority shareholder to act with care and loyalty when selling his or her shares is known as ________.

A) Oppressive conduct
B) Majority holder misconduct
C) Minority oppression
D) Minority discrimination
E) Disloyal procedure

Closely Held Corporation

A corporation that does not sell stock to the general public.

Majority Shareholder

An entity or individual that owns more than half of the shares in a company, giving them significant control over the company's decisions.

Duty

An obligation, often legal or moral, that an individual or entity is bound to fulfill towards others.