Fact Pattern 29-1 Ray Is a Shareholder of Small Biz Company (SBC). When

question 12

Multiple Choice

Fact Pattern 29-1
Ray is a shareholder of Small Biz Company (SBC) . When the directors fail to undertake an action to redress a wrong suffered by SBC, Ray files a suit on the firm's behalf.
-Refer to Fact Pattern 29-1. Any damages recovered by Ray's suit will go to

• A) ​Ray.
• B) SBC.
• C) SBC's directors.
• D) the state in which SBC is incorporated.

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