In CASE 20

question 42

True/False

In CASE 20.2 In re Citigroup Inc.Shareholder Derivative Litigation (2009),the Delaware Chancery court considered whether shareholders could demand that the board sue the directors for failure to adequately protect the corporation from exposure to the subprime lending market.

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Definitions:

1831 Slave Rebellion

The Nat Turner Rebellion, a slave revolt in Virginia that resulted in the deaths of many, prompting stricter slave laws in the Southern states.

White Southern Families

Refers to families living in the Southern states of the USA, traditionally known for their unique cultural, social, and sometimes economic practices, shaped significantly by the historical context of slavery and segregation.

White Women

Women identified or classified as white, typically based on their ancestry or appearance, without necessarily implying uniform cultural, social, or political identities.