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.

To have a tax-deferred delayed exchange, which of the following is required?

a. The exchange property must be identified within 45 days after the taxpayer relinquishes his property. b. The sale must be completed within 180 days after the taxpayer relinquishes his property. c. Both of these. d. Neither of these.

If the crime is a ________, the prosecutor issues an information, a formal written accusation or charge

A) felony B) white-collar crime C) misdemeanor D) strict liability offense