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If Corporate Directors Fail to Sue When the Corporation Has

Question 70

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

Correct Answer:

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