Performance measures are limited to financial data

The present value of an annuity can be obtained by discounting the individual cash flows of the annuity and then summing the resulting present values

Indicate whether the statement is true or false.

Nelson is Organic Coffee Company's majority shareholder. Nelson decides to sell his Organic Coffee stock. The sale will be an effective transfer of the control of the company. Does Nelson owe a duty to Organic Coffee or its minority shareholders in this situation?