If a Shareholder Believes That He or She Suffered Loss

question 75

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 resort only to internal dispute settlement procedures.

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Definitions:

America's Army

A video game series developed by the U.S. Army designed for recruiting purposes and to provide virtual experiences related to army life.

Target Market

A specific group of consumers at which a company aims its products and services, identified by demographics, interests, or behaviors.

Military Environment

The surroundings, conditions, and influences affecting the behavior and performance of military personnel and operations.

Social Media Network

Online platforms that enable users to create and share content or to participate in social networking.