D is corrent. The shareholder’s right may be denied if the corporation can show that the shareholder’s motive is for an unwarranted purpose, for a purpose hostile to the corporation (to engage in competing business), or to satisfy idle curiosity. Obtaining a stockholder list for its commercial value (a retail mailing list) is considered an unwarranted purpose that is not related to the shareholder’s corporate interest.
A is incorrect. This purpose relates to a shareholder’s interest as an owner of the corporation.
A is incorrect. This purpose relates to a shareholder’s interest as an owner of the corporation.
C is incorrect. This purpose relates to a shareholder’s interest, and the purpose is substantiated by more than idle curiosity.
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