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:

Oppression And Discrimination

Refers to the systemic and pervasive mistreatment and unfair judgment of individuals or groups based on perceived or actual characteristics, often leading to unequal opportunities and negative outcomes.

Functionalist

A viewpoint in sociology that regards society as a complicated system in which its components function cooperatively to foster unity and steadiness.

Conflict Theory

A sociological perspective that emphasizes the social, political, or material inequality of a social group, critiquing the broad socio-political system.

Symbolic Interactionism

A theory that emphasizes the role of symbols and language as core elements of all human interaction and how individuals interpret and give meaning to objects, events, and behaviors.