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igomit [66]
3 years ago
6

Ruben is a shareholder of speed bikes company (sbc). when the directors fail to undertake an action to redress a wrong suffered

by sbc, ruben files a suit on the firm's behalf.
Business
1 answer:
aivan3 [116]3 years ago
4 0

This is an example of a derivative lawsuit, which is a suit brought by a shareholder on behalf of a company they invest in for wrongdoing by a 3rd party. Usually the shareholder can only do this when the company has cause for their own suit but has declined to take action for one reason or another.

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<h3><u>Answer;</u></h3>

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<h3><u>Explanation;</u></h3>
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4 0
3 years ago
Read 2 more answers
A. The menu prices at restaurants in New Buffalo, Michigan, a small lakeside town, increase during the summer months and decline
skelet666 [1.2K]

Answer:

Which of the following are examples of collusion? Choose one or more:

Explanation:

Answer: C, and E

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Option A: This is not collusion, since all the owners are involved.

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4 0
3 years ago
Hoosier Corporation declared a 2-for-1 stock split to all shareholders of record on March 25 of this year. Hoosier reported curr
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If increasing physical capital increases productivity, why would a company not buy newer, faster computers for all its workers e
Alexxx [7]

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7 0
3 years ago
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