Fact Pattern 26-1
Ray is a shareholder of Small Biz Company (SBC).When the direc?tors fail to undertake an action to redress a wrong suffered by SBC,Ray files a suit on the firm's behalf.
-Refer to Fact Pattern 26-1.Any damages recovered by Ray's suit will go to

Question

Fact Pattern 26-1 
Ray is a shareholder of Small Biz Company (SBC).When the direc?tors fail to undertake an action to redress a wrong suffered by SBC,Ray files a suit on the firm's behalf.
-Refer to Fact Pattern 26-1.Any damages recovered by Ray's suit will go to

Quizplus · Accepted Answer

When a shareholder files a suit on behalf of the corporation, any damages recovered will go to the corporation, in this case SBC, and not to the shareholder individually.