A ________ is responsible for evaluating and recommending proposed long-term investments

If directors fail to bring a lawsuit fail to bring a lawsuit, shareholders can do so _____________ in a shareholder's derivative suit. Before they bring the suit, they must submit a written demand to the corporation asking the board of directors to take appropriate action. The directors have ____ days to act, if they refuse the derivative suit can go forward.

Fill in the blank(s) with the appropriate word(s).

Laura was employed by Style Unlimited a noted fashion house in Toronto as a fashion

stylist. Her contract of employment with the company provided that upon leaving the employment, she is prohibited from opening up a rival business for the next ten years in any part of Canada. Laura has recently moved to Vancouver and plans to open up her own fashion company. Which of the following is correct? A) The restraint will only be enforced if Style Unlimited can prove that Laura received independent legal advice prior to agreeing to it. B) The restraint will be strictly enforceable against Laura unless she can prove that it is not in her best interests. C) A court will likely find the restraint unreasonable D) Laura can be restrained from opening up her own business E) The restraint will not be enforceable against Laura unless Style Unlimited can show that it is in its best interests.