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Kris, a shareholder of E-Max, Inc., claimed that the business was being mismanaged. Kris notified the board of directors that the corporation has been wronged

Kris, a shareholder of E-Max, Inc., claimed that the business was being mismanaged. Kris notified the board of directors that the corporation has been wronged and asked the board to bring suit in the name of the corporation directly. In response to Kris' demand, what actions may the board take? What could Kris's response be to each alternative?

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