The remedy for a director's breach of fiduciary duty is:
A) a suit in equity by the corporation.
B) a derivative suit instituted by a shareholder to require the director to pay to the corporation the profits obtained through the breach.
C) a class action suit by the shareholders.
D) Not only a suit in equity by the corporation but also a derivative suit instituted by a shareholder to require the director to pay to the corporation the profits obtained through the breach.
Correct Answer:
Verified
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