Which of the following statements about the rule of Foss v Harbottle is correct?

a. The rule of Foss v Harbottle was that only the company could seek a remedy for a wrong that had been done to the company unless the wrong fell within particular exceptions. The rule has largely been abolished

b. The rule of Foss v Harbottle still exists today and allows for members to take a common law action where the majority has misused

c. The rule of Foss v Harbottle meant that no member could take an action on behalf of the company at all

d. The rule of Foss v Harbottle was a list of exceptions to the prohibition on members taking action on behalf of a company. This is still relevant today as it links to the introduction of the statutory derivative action.