A Practice Note to assist a corporation's counsel to understand the legal framework for assessing a shareholder's demand to inspect the corporation's books and records. This Note discusses the corporation's obligations relating to a shareholder's rights to access, examine, inspect, and copy the corporation's books and records. It also discusses the consequences the corporation may face if it ignores or improperly denies an inspection demand. Counsel should use this Note in conjunction with Practice Note, Inspection Rights (Corporation): Responding to a Books and Records Demand.