A Shareholder Can File a Direct Suit Against a Director

question 18

True/False

A shareholder can file a direct suit against a director if the director has caused harm to the business by violating a fiduciary duty.

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Definitions:

Administrative Decisions

Decisions related to the management and operations of an organization, often involving organizational policy or resource allocation.

Tell-and-sell Approach

A sales technique that involves informing customers about a product's benefits followed by persuading them to make a purchase.

Ratings

Assessments or evaluations based on a scale or set criteria to determine the quality, performance, or suitability of something or someone.

Traditional Performance Management

A systematic approach to evaluating employees' work performance using established benchmarks and metrics, primarily focusing on annual reviews.