A director of the corporation has embezzled money from the company.The other corporate directors fail to sue.What should the shareholders do?

Question

Quizplus · Accepted Answer

A)If corporate directors fail to sue when the corporation has been harmed by an
individual,another corporation,or a director,individual shareholders who held stock at the time of the alleged wrongdoing)can file a shareholder's derivative suit on behalf of the corporation.
B)If corporate directors fail to sue when the corporation has been harmed by an individual,another corporation,or a director,individual shareholders who held stock at the time of the alleged wrongdoing)can file a shareholder's derivative suit on behalf of the corporation.
C)If corporate directors fail to sue when the corporation has been harmed by an individual,another corporation,or a director,individual shareholders who held stock at the time of the alleged wrongdoing)can file a shareholder's derivative suit on behalf of the corporation.
D)If corporate directors fail to sue when the corporation has been harmed by an individual,another corporation,or a director,individual shareholders who held stock at the time of the alleged wrongdoing)can file a shareholder's derivative suit on behalf of the corporation.
E)If corporate directors fail to sue when the corporation has been harmed by an individual,another corporation,or a director,individual shareholders who held stock at the time of the alleged wrongdoing)can file a shareholder's derivative suit on behalf of the corporation.

A Director of the Corporation Has Embezzled Money from the Company.The