Can harris bring a direct or a derivative suit in situation

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Keith Harris, a shareholder of Fastway Airlines, Inc., discovered that Donald Fleure , chief e x ecutive officer of Fastway , had sold some of his own land to the corporation at what Harris be lieved to be excessive prices.

Can Harris bring a direct or a derivative suit in this situation? Explain. Would the fairness rule or the business judgment rule be used to evaluate the activities of Fleure ? Explain.

Reference no: EM131379249

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