ABC Corporation suffered damages when a supplier failed to deliver as agreed. The president of ABC did not institute suit as Garrett, a major shareholder, believed was proper. Garrett complained to the board of directors, but they refused to do anything. Which of the following is an option to Garrett in regard to a lawsuit against the supplier?
A) A shareholder's derivative suit
B) A shareholder's direct suit
C) A consolidation suit
D) A mandated suit
E) None of these because as a shareholder, Garrett has no right to insist on litigation
Correct Answer:
Verified
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