Shareholders of a Corporation Brought a Class Action Against the President,alleging

question 79

Multiple Choice

Shareholders of a corporation brought a class action against the president,alleging that they missed out on dividends and an increase in the value of their shares because the president misappropriated the corporation's funds.This suit was successful and the president paid $10 million in damages.This money will go to:

• A)the shareholders who brought the class action.
• B)the treasury of the corporation.
• C)the state,as a fine.
• D)the federal government,as a fine.

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Definitions:

Urban Developments

The process of developing areas for residential, commercial, or industrial use within cities or towns.

Rural Developments

Initiatives and policies aimed at improving the economic, social, and physical infrastructure in rural areas to enhance the quality of life and economic viability of these regions.

Global Freshwater

The total amount of the Earth's water that is found in lakes, rivers, reservoirs, and underground aquifers, which is fresh and suitable for drinking.