What is a derivative lawsuit?
A) an action brought by the board of directors on behalf of the corporation
B) an action brought by a majority of the board of directors against an individual board member
C) an action brought by a shareholder or shareholders on behalf of the corporation, when the board of directors does not file the suit
D) an action brought by shareholders against the corporation
E) an action brought by the officers against the directors
Correct Answer:
Verified
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