What Is the Most Important Factor That Contributes to a Minority

question 39

Multiple Choice

What is the most important factor that contributes to a minority shareholder's ability to commence a derivative action?

• A) The action must arise from discrimination against minority shareholders.
• B) The action must be a pursuit of proper and adequate disclosure of material information.
• C) The action must arise as a direct result of a fundamental change to the corporation.
• D) The action must be in the corporation's cause as a result of some injury to it.

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Definitions:

Commiseration

The expression of sympathy or sorrow for someone who is experiencing misfortune or grief.

Sympathy

Feelings of pity and sorrow for someone else's misfortune, often leading to offers of help or support.

Time Management

Utilizing time in an effective manner to accomplish the desired results.

Personal Stress

Emotionally charged response to challenging or demanding circumstances, unique to individuals.