Daisy is a director of Extraction Corporation.She opposes an offer to merge Extraction with Fill Inc.because she would lose her board position.Daisy is most likely liable for breach of

Question

Quizplus · Accepted Answer

Daisy would be breaching the duty of loyalty, which requires directors to act in good faith and in the best interests of the corporation and its shareholders. By opposing the merger solely because she would lose her board position, she is prioritizing her own interests over those of the corporation and its shareholders.

Daisy Is a Director of Extraction Corporation