A director will be criminally liable where she or he
A) uses corporate information to make personal profit.
B) acts as corporate agent to the determent of the corporation.
C) gets involved with insider trading.
D) intercepts a corporate opportunity.
E) directly competes with the corporation in her or his own business.
Correct Answer:
Verified
Q8: In a distributing public company,auditors are appointed
Q9: Directors owe duties to
A)the public.
B)creditors of the
Q10: John,the controlling shareholder of a large national
Q11: The only "document of record" the company
Q12: Which of the following is NOT a
Q14: Regarding financial rights,shareholders have a right to
A)receive
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Q16: The CEO of a corporation is
A)chosen from
Q17: Sometimes almost all the directors of a
Q18: Charles,a minority shareholder in a large private
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