Which of the Following Is the Most Important Factor Contributing

question 22

Multiple Choice

Which of the following is the most important factor contributing 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 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:

Direct Supervision

A management approach where supervisors have a direct oversight and control over the work and behavior of their subordinates.

Schwarz's Values

A theory proposing ten universal value categories that encompass individual motivations and guide behavior, developed by Shalom H. Schwartz.

Hedonism

The ethical theory that pleasure (in the sense of the satisfaction of desires) is the highest good and proper aim of human life.

Universalism

The ideological belief in universal applicability or effectiveness of concepts across different cultures or situations.