Fact Pattern $20-1$

Ray is a shareholder of Small Biz Company $($SBC$).$ When the directors fail to undertake an action to redress a wrong suffered by SBC$,$ Ray files a suit on the firm's behalf.

Refer to Fact Pattern $20-1.$ Ray's suit is a shareholder's

business$-$judgment rule suit.

derivative suit.

duty$-$of$-$care suit.

duty$-$of$-$loyalty suit.