Holly is an officer of Indelible Inc. The board removes Holly in violation of an employment contract. Indelible may be liable for breach of

Question

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Indelible Inc. may be liable for breach of contract if they remove Holly in violation of her employment contract. The business judgment rule and the duty of loyalty are principles that apply to the decision-making and fiduciary responsibilities of directors and officers, not to the enforcement of employment contracts.

Holly Is an Officer of Indelible Inc