A Shareholder May Bring a Derivative Suit on Behalf of the Corporation

question 5

True/False

A shareholder may bring a derivative suit on behalf of the corporation and any recovery usually goes to the corporation's treasury,or a shareholder may bring a direct suit to enforce a claim he has against the corporation based on his ownership of shares and any recovery goes to the shareholder plaintiff.

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Definitions:

Multi-source Feedback

A comprehensive evaluation method where feedback on an individual's performance is collected from multiple sources, including peers, subordinates, and supervisors.

Challenges

Obstacles and difficulties that need to be overcome to achieve a certain goal or objective.

Rotating Managers

The practice of moving managers through a variety of roles or positions within an organization to broaden their experience and skills.

Functional Subunits

Divisions or departments within an organization, each specializing in specific operations or tasks that contribute to the organization's overall objectives.