Question

Fact Pattern 30-1
Ray is a shareholder of Small Biz Company (SBC). When the direc­tors fail to undertake an action to redress a wrong suffered by SBC, Ray files a suit on the firm's behalf.
Refer to Fact Pattern 30-1. Any damages recovered by Ray's suit will go to
a. Ray.
b. SBC.
c. SBC's directors.
d. the state in which SBC is incorporated.

Answer

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