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In CASE 20

Question 45

Multiple Choice

In CASE 20.2 In re Citigroup Inc.Shareholder Derivative Litigation (2009) ,the Delaware Chancery Court __________ the shareholders' claims,holding that the allegations in the __________ to show that a demand on the __________ would have been futile.


A) affirmed; complaint were sufficient; shareholders
B) dismissed; answer were insufficient; directors
C) dismissed; complaint were insufficient; directors
D) affirmed; answer were sufficient; directors

Correct Answer:

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