Question: Question 1 0 0 . 5 p t s Jim and Mike are shareholders of a company. They sue the company because the officers breached

Question

10

0.5 p t s

Jim and Mike are shareholders of a company. They sue the company because the officers breached their duty of care to the business. This is an example of:

A shareholder direct action lawsuit.

A shareholder derivative lawsuit.

A Board of Directors lawsuit.

An illegal lawsuit as shareholders own the company, they cannot sue it

.

Question 10 0.5pts Jim and Mike are shareholders of a company.

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