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The Revised Act Requires That Demand Be Made Upon the Board

question 23

True/False

The Revised Act requires that demand be made upon the board of directors to enforce the corporate right at issue as a prerequisite to bringing a derivative suit.


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Official written record of the discussions and decisions made by a committee, board, or other group during a meeting.

Written Record

Documentation created to capture and preserve information, events, or decisions.

Group's Activities

Actions or tasks undertaken by a group of people working together towards a common goal.

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