Quick Supply House Breached a Contract with MegaCorp

question 24

Multiple Choice

Quick Supply House breached a contract with MegaCorp.The breach resulted in the loss of a great deal of money to MegaCorp.The board of directors for MegaCorp vote not to sue the supply house since it believes the legal costs would be more than it would probably recover.If a group of shareholders wish to sue the supply house,this would

• A)be a type of direct lawsuit.
• B)have to be a derivative lawsuit.
• C)be a settlement lawsuit.
• D)be an SEC lawsuit.

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Definitions:

Sleep Apnea

A condition characterized by pauses in breathing during sleep.

Ultrasound

A technique that uses high-frequency sound waves to create images of the inside of the body.

Heart Motion

The movement of the heart as it contracts and relaxes to pump blood throughout the body.

PVC

Polyvinyl chloride, a synthetic plastic polymer used in a wide variety of applications, from piping and clothing to furniture and signage.