When a director has a duty to acquire property for the corporation and instead acquires it for herself,she has
A) intercepted an opportunity belonging to the corporation and has committed a breach of duty.
B) an obligation to immediately disclose the acquisition of the property to the shareholders.
C) no obligation to disclose and has not committed any breach of duty.
D) breached her obligation not to compete with the corporation.
Correct Answer:
Verified
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