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Author Question: A shareholder may bring a derivative suit on behalf of the corporation and any recovery usually goes ... (Read 73 times)

nevelica

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on: Jun 24, 2018
A shareholder may bring a derivative suit on behalf of the corporation and any recovery usually goes to the corporation's treasury, or a shareholder may bring a direct suit to enforce a claim he has against the corporation based on his ownership of shares and any recovery goes to the shareholder plaintiff.
  Indicate whether the statement is true or false

Question 2

If there is a novation, the original promisor remains liable to the original promisee if the new promisor fails to perform.
  Indicate whether the statement is true or false


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ririgirl15

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

FALSE


nevelica

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Reply #2 on: Jun 24, 2018
Thank you :)


ririgirl15

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Reply #3 on: Jun 24, 2018
Happy to help you


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