A court has examined evidence regarding how clearly an opportunity had been identified by a corporation and how close it was to acquiring the opportunity. What subject was the court seeking to determine?

Question

Quizplus · Accepted Answer

The court was seeking to determine the nature of the corporate opportunity, specifically how clearly it had been identified and how close the corporation was to acquiring it. This is relevant in determining whether the fiduciary had breached their duty by taking the opportunity for themselves or diverting it to a third party. The other options listed may also be relevant factors in determining breach of fiduciary duty, but they are not the subject of the court's examination in this case.

A Court Has Examined Evidence Regarding How Clearly an Opportunity