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    Managers and the Legal Environment
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    Exam 21: Directors, Officers, and Controlling Shareholders
  5. Question
    A Shareholder Derivative Suit Is a Lawsuit by
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A Shareholder Derivative Suit Is a Lawsuit by

Question 17

Question 17

Multiple Choice

A shareholder derivative suit is a lawsuit by


A) shareholders on behalf of the corporation.
B) the shareholders directly.
C) the majority shareholder.
D) the corporation.

Correct Answer:

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