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:
Verified
Q41: Which of the following was the result
Q42: Is Tina correct in that officers cannot
Q43: What duty,if any,did Wendy violate?
A) She did
Q46: Which of the following is not a
Q47: How much must a shareholder who signs
Q48: Which of the following references a right
Q49: Which of the following may be issued
Q50: Under which of the following should Bruno
Q51: In a closely held corporation, a breach
Q63: Which of the following may be redeemed
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents