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.