Differentiate a derivative suit from a class suit.

• A. A derivative suit is a class action by many persons; a class suit is a minority shareholder's suit on behalf of the corporation.
• B. A derivative suit is a suit by a minority shareholder on behalf of the corporation; a class suit is a suit on behalf of many persons due to impracticability of joinder.
• C. A derivative suit is criminal; a class suit is civil.
• D. A derivative suit involves majority shareholders.

Answer: (B)