What is the rule in Foss v Harbottle (1843) 2 Hare 461 about?
A) the proper claimant for wrongs to the company is the company
B) the proper claimants for wrongs to the company are the directors
C) the proper claimants for wrongs to the company are the shareholders
D) the proper claimants for wrongs to the company are the creditors
Correct Answer:
Verified
Q2: What is meant by unfair prejudice?
A) that
Q3: In cases of reflective loss, who is
Q4: What is meant by reflective loss?
A) that
Q5: Where a shareholder has suffered loss due
Q6: Who bears the costs of a derivative
Q7: Which of the following is not a
Q8: The court must refuse permission to continue
Q9: Who would be the appropriate party to
Q10: Derivative actions cannot be brought against
A) directors
B)
Q11: Where wrong doing directors (in a case
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