Multiple Choice
What is the rule in Foss v Harbottle (1843) 2 Hare 461 about?
A) the proper claimant for wrongs to the company is the company
B) the proper claimants for wrongs to the company are the directors
C) the proper claimants for wrongs to the company are the shareholders
D) the proper claimants for wrongs to the company are the creditors
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Which of the following is not a
Q3: Who bears the costs of a derivative
Q4: Where the directors have wronged the company,
Q5: Where wrong doing directors (in a case
Q6: In cases of reflective loss, who is
Q7: Who can petition against unfair prejudice?<br>A) a
Q8: What is meant by unfair prejudice?<br>A) that
Q9: What is a derivative action?<br>A) where a
Q10: Who would be the appropriate party to
Q11: The court must refuse permission to continue