Wild & Scenic River Tours, Inc., is a corporation.Its directors and shareholders discover that its rival, Bold
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Wild & Scenic River Tours, Inc., is a corporation. Its directors and shareholders discover that its rival, Bold and Outstanding Creek Adventures, Inc. has defamed Wild & Scenic causing harm to its shareholders. After a shareholder makes a written request to the directors to take action against Bold and Outstanding, Inc., without success, the shareholder may bring suit against Bold and Outstanding, Inc. pursuant to
A. the alter ego theory.
B. an ultra vires action.
C. a lawsuit derived from shareholders.
D. pierce the corporate veil.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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