Assignment:
Miles and others, stockholders in the Heflin Bank, asked to inspect the books and records of the corporation to determine whether there had been misuse of corporate funds, abuse of corporate office, and other breaches of the directors’ fiduciary duties. The bank refused to permit such an inspection. Was it correct in doing so? (Bank of Heflin v. M. N. Miles, 294 Ala. 462)
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.