If Corporate Directors Fail to Sue When the Corporation Has

question 69

Multiple Choice

If corporate directors fail to sue when the corporation has been harmed by an individual,another corporation,or a director,individual shareholders can file a ________ on behalf of the corporation.

• A)default judgment
• B)class action suit
• C)shareholder's direct suit
• D)shareholder's derivative suit
• E)shareholder's distributive suit

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Definitions:

Highest Cost Facility Location

The highest cost facility location typically refers to the site among options for a new facility that involves the greatest expense due to factors like labor, materials, taxes, and shipping.

Channel of Distribution

The path or route that goods and services take from the producer to the end user, encompassing intermediaries such as wholesalers and retailers.

Marketing Department

A division within a company that focuses on marketing strategies, research, and the promotion of products or services to target consumers.