Before Filing a Derivative Lawsuit,shareholders Must

Multiple Choice

Before filing a derivative lawsuit,shareholders must

A) notify the board that the corporation has been wronged and ask the board to bring suit in the name of the corporation directly.
B) notify the Secretary of State that the corporation has been wronged and ask the Attorney General to file the lawsuit on behalf of the corporation.
C) hold a special meeting, and a majority of the shareholders must vote to file the lawsuit.
D) place the lawsuit on the company's proxy statement, and the proposal must receive a majority vote.