If a Shareholder Believes That He or She Suffered Loss

question 19

Multiple Choice

If a shareholder believes that he or she suffered loss as a result of a failure of the directors to do their duty,

• A) the corporation must sue the directors.
• B) the shareholder must sue the directors.
• C) the remedy will be found in the Canada Business Corporations Act.
• D) the shareholder must bring a derivative action.
• E) the shareholder can only resort to internal dispute settlement procedures.

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Definitions:

Harriet Martineau

An English sociologist and writer, often considered the first female sociologist, who addressed a wide range of social science topics including gender equality and religious life.

Symbolic Interactionists

Scholars in sociology who focus on the symbolic meaning that people develop and rely upon in the process of social interaction.

European Sociologists

Scholars based in Europe who study or have significantly contributed to the field of sociology, exploring various aspects of human social behavior and societies.

American Sociologists

Scholars from the United States who study social behavior, institutions, and structures, contributing to the field of sociology with unique societal insights.