A shareholder may bring a direct suit to enforce a claim that she has against the corporation, based on her ownership of shares.

Name: A shareholder may bring a direct suit to enforce a claim that she has against the corporation, based on her ownership of shares.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

A shareholder can bring a direct suit if the claim is personal to her, such as a violation of her individual rights as a shareholder, rather than a harm to the corporation.

A Shareholder May Bring a Direct Suit to Enforce a Claim