Where a shareholder has suffered loss due to actions violating her personal rights, the appropriate cause of action is

Question

Quizplus · Accepted Answer

A personal suit is the correct cause of action when a shareholder has suffered loss due to actions violating her personal rights. This is because personal suits allow the shareholder to address violations against their individual rights directly, rather than addressing wrongs done to the company as a whole, which would be the focus of a derivative action.

Where a Shareholder Has Suffered Loss Due to Actions Violating