Multiple Choice
What is a derivative action?
A) where a shareholder sues on behalf of the company
B) where the company sues on behalf of a shareholder
C) where a director sues on behalf of a company
D) where the company sues on behalf of a director
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
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
Q10: Who would be the appropriate party to
Q11: The court must refuse permission to continue
Q12: Where a shareholder has suffered loss due
Q13: Derivative actions cannot be brought against<br>A) directors<br>B)
Q14: What is meant by reflective loss?<br>A) that