If several shareholders have been similarly affected by a wrongful act of another,one of these shareholders may bring a ________ on behalf of all the affected shareholders.
A)derivative action
B)double derivative suit
C)class action
D)strike suit

Question

Quizplus · Accepted Answer

When several people have been injured similarly by the same persons in similar situations,one of the injured people may sue for the benefit of all the people injured.Likewise,if several shareholders have been similarly affected by a wrongful act of another,one of these shareholders may bring a class action on behalf of all the affected shareholders.

If Several Shareholders Have Been Similarly Affected by a Wrongful