The rights of the director of a corporation include a right to
A)access the corporation's books, records, facilities, and other property.
B)subordinate the corporation's welfare to his personal interest.
C)use confidential corporate information for personal advantage.
D)self-deal by taking advantage of an opportunity offered to the firm.

Question

Quizplus · Accepted Answer

Directors of a corporation have the right to access the corporation's books, records, facilities, and other property to fulfill their duties of oversight and decision-making. This access enables them to make informed decisions on behalf of the corporation. Options B, C, and D describe actions that would typically be considered breaches of a director's fiduciary duties to the corporation.

The Rights of the Director of a Corporation Include a Right