Welcome back to the Bar Exam Toolbox podcast! Today, we review the terminology and rules that you'll need to know when answering a question on direct and derivative actions. To illustrate the concepts, we also go over two questions adapted from the California bar exam.

In this episode, we discuss:

Differences between direct and derivative causes of action
Duty of loyalty and duty of care to a corporation
Damages awarded in direct and derivative suits
Majority shareholder oppression
Analyzing two hypos involving corporations, from the February 2017 and July 2015 California bar exams

Resources:

Download the Transcript
(https://barexamtoolbox.com/episode-167-listen-and-learn-direct-and-derivative-actions-corporations/)

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Thanks for listening!

Alison & Lee

167: Listen and Learn -- Direct and Derivative Actions (Corporations)

The Bar Exam Toolbox Podcast: Pass the Bar Exam with Less Stress

167: Listen and Learn -- Direct and Derivative Actions (Corporations)