A ________ is a lawsuit brought to gain out-of-court settlements for the complaining shareholders personally or to earn large attorney's fees,rather than to obtain a recovery for the corporation.
A) derivative action
B) double derivative suit
C) strike suit
D) class action
Correct Answer:
Verified
Q66: The person bringing a derivative suit does not
Q67: If a shareholder's derivative action succeeds and
Q68: In Montgomery Cellular Holding Co. ,Inc.v.Dobler,the case
Q69: If the board of directors refuses the
Q70: If a shareholder's derivative action succeeds the
Q72: If several shareholders have been similarly affected
Q73: When a corporation has been harmed by
Q74: In the case in the text,United Techs.Corp.v.Treppel,the
Q75: If a shareholder class action suit is
Q76: In Dodge v.Ford Motor Co. ,the case
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