Multiple Choice
Fact Pattern 40-1A (Questions A18-A19 apply)
Ruben is a shareholder of Speed Bikes Company (SBC) .When the direc?tors fail to undertake an action to redress a wrong suffered by SBC,Ruben files a suit on the firm's behalf.
-Refer to Fact Pattern 40-1A.Ruben's suit is a shareholder's
A) indemnification suit.
B) derivative suit.
C) proxy suit.
D) preemptive suit.
Correct Answer:

Verified
Correct Answer:
Verified
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