If a Shareholder Believes That He or She Suffered Loss

question 19

Multiple Choice

If a shareholder believes that he or she suffered loss as a result of a failure of the directors to do their duty,

• A) the corporation must sue the directors.
• B) the shareholder must sue the directors.
• C) the remedy will be found in the Canada Business Corporations Act.
• D) the shareholder must bring a derivative action.
• E) the shareholder can only resort to internal dispute settlement procedures.

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Definitions:

Social networks

Structures made up of individuals or organizations called "nodes," which are connected by one or more specific types of interdependency, like friendship, kinship, common interest, financial exchange, likes, dislikes, or relationships of beliefs.

Casual acquaintances

Individuals who are known but not closely related, often characterized by infrequent or superficial interaction.

Mark Granovetter

An American sociologist known for his work on the strength of weak ties in social networks.

Social ties

Relationships and connections between individuals or communities, including familial, friendship, and professional interactions, which provide social support and impact well-being.