One of the fiduciary duties of directors is the duty not to compete with the corporation. They may pursue their own business interest, but they may not:
A) use corporate resources do do so.
B) hire away personnel for their own business.
C) use corporate facilities to do so.
D) All of the answer choices are correct.

Question

Quizplus · Accepted Answer

Directors must not compete with the corporation they serve, which includes not using corporate resources, personnel, or facilities for their own business interests. This is part of their fiduciary duty to act in the best interest of the corporation.

One of the Fiduciary Duties of Directors Is the Duty