a shareholders derivative suit is brought

Question Completion Status: QUESTION 9 in a general partnership a. Each partner has an equal right to manage partnership affairs O b. Partners right to manage are determined by their profit and loss allocations. O c. Partner's have an absolute right to be compensated for services rendered as an employee Od. Rights are foxed by the Uniform Partnership Act and may NOT be altered by agreement. QUESTION 10 A dividend must be declared by: a unanimous vote of the board of directors Ob majority vote of the board of directors c. unanimous vote of the board of directors AND a majority vote of the shareholders d. majority vote of the board of directors AND majority vote of the shareholders Save All Click Save and Submit to save and submit. Click Save All Answers to save all arsters. . MacBook Air BO 74 * $ 4 % 5 & 7 8 9 3 6 Y U 0 T W E R L. S D F G NA !course assessment de 1418574_18course Jd_1801622_1&content_d_46007586 Question Completion Status: QUESTION 7 Gordon and O'Hara forma partnership. Gordon puts in $75,000 and O'Hara puts in $25,000. The partnership earns $10,000 in year one. There is NO partnership agreement as to allocation of partnership income a. Each partner is entitled to $5,000 Ob. Gordon is entitled to $7,500. O'Hara is entitled to $2.500. OC. The partnership is to keep the entire $10,000 since the partners did not agree to take anything d. Partners should allocate income in direct proportion to time each spent on partnership business. QUESTIONS A shareholder's derivative suit is brought : by shareholders on behalf of the corporation when the directors fail to undertake an action to remedy a legal wrong O a against against the corporation b. by directors against a majority shareholder who has breached her fiduciary duty to the corporation c. by a minority shareholder against a majority shareholder d. by a shareholder who must also be a director of the corporation Click Save and Submit to save and submit. Click Save All Astors to sou all answers. Save A B MacBook Air 888 $ 4 % 5 & 7 * 00 9 3 6 o N R Y U E T K D S H F