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:

Hypertensive Crisis

A severe and dangerous increase in blood pressure that can lead to stroke, heart attack, or other critical conditions if not treated immediately.

Blood Pressure Medication

Medicines used to treat high or low blood pressure by altering the heart rate, the volume of blood pumped, or the diameter of blood vessels.

Interpersonal Communication

The process of exchange of information, feelings, and meaning through verbal and non-verbal messages in a face-to-face context.

Admission Health History

A comprehensive record collected upon a patient's admission to a healthcare facility, capturing past and current health details.