Examlex
Which of the following is the strongest correlation?
Derivative Action
A lawsuit in which certain shareholders are given the right to launch a civil action against the directors on behalf of an injured corporation; also called a representative action.
Fraudulent Acts
Intentional deception made for personal gain or to damage another individual.
Negligent
Failing to take proper care in doing something, leading to damage or injury to another.
Pre-emptive Rights
Legal rights granted to existing shareholders to purchase additional shares in a corporation before new shares are offered to the public, to maintain their proportional ownership.
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