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Don is a shareholder of Energy Renew Inc. When the directors fail to undertake an action to redress a wrong suffered by the firm, Don

Don is a shareholder of Energy Renew Inc. When the directors fail to undertake an action to redress a wrong suffered by the firm, Don files a suit on its behalf. Dons suit is

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a preemptive right.

a shareholders derivative suit.

the duty of a majority shareholder.

unethical and illegal.

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