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ABC Corporation entered into a contract with Jane Jones. Jones breached the contract but ABC has not sued Jones for that breach. May a shareholder
ABC Corporation entered into a contract with Jane Jones. Jones breached the contract but ABC has not sued Jones for that breach. May a shareholder of ABC sue Jones directly? Group of answer choices No, because the decision by ABC not to sue Jones was clearly within the business judgment rule. Yes, because the shareholder can successfully argue that ABC's failure to sue Jones was negligence. No, because Jones' breach did not injure the shareholder directly. Yes, because the shareholder was also injured directly as a result of the breach
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