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If Corporate Directors Fail to Sue When the Corporation Has

Question 45

Multiple Choice

If corporate directors fail to sue when the corporation has been harmed by an individual,another corporation,or a director,individual shareholders can file a[n] ______ on behalf of the corporation.


A) Investigative action
B) Shareholder action suit
C) Shareholder's direct suit
D) Shareholder's derivative suit
E) Active allocation suit

Correct Answer:

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