Question: What is a derivative action? Select one O a. It is a lawsuit brought on behalf of the corporation by a shareholder when the directors

What is a derivative action? Select one O a. It
What is a derivative action? Select one O a. It is a lawsuit brought on behalf of the corporation by a shareholder when the directors refuse to act. O b. It is a shareholder voting method permitting the holder to distribute his total votes in any manner that he chooses-all for one candidate or several shares for different candidates O c. It is an agreement made in advance among shareholders to vote in a particular manner od It is a doctrine holding that certain legal consequences attach to an attempt by a corporation to carry out acts that are outside its lawful powers. O e. It is a right of shareholders to protect dilution of their percentage of share ownership

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