Multiple Choice
If Drake,a shareholder of Sweet Corp. ,feels that he has been deprived of the right to purchase some of the corporation's newly issued stock,he:
A) may bring a derivative suit against Sweet's corporate management.
B) may bring a direct suit against Sweet's corporate management.
C) may bring both a derivative suit and a direct suit against Sweet's corporate management.
D) has no legal recourse against Sweet's corporate management.
Correct Answer:

Verified
Correct Answer:
Verified
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