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Question 5 Irina just purchased ten shares of common stock in Hedges, Inc. for $400. Luella has the right to Not yet answered Select one:

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Question 5 Irina just purchased ten shares of common stock in Hedges, Inc. for $400. Luella has the right to Not yet answered Select one: Points out of 1.00 P Flag question a. set executive compensation. b. vote to elect directors. c. manage the day-to-day business of the corporation. d. require that a proposal be placed in the company's proxy statement to be voted on at the shareholder meeting. Question 16 Not yet Vendor breached a contract with BigCo. The breach resulted in the loss of a great deal of money to BigCo. The board of directors for BigCo. vote not to sue the supply house since it believes the legal costs would be more than it would probably recover. If a group of shareholders wish to sue the supply house, this would answered Points out of 1.00 Select one: P Flag question a. be an SEC lawsuit. b. have to be a derivative lawsuit. C. be a settlement lawsuit. d. be a type of direct lawsuit

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