Sandy Is a Director of Plex Manufacturing Inc

Sandy is a director of Plex Manufacturing Inc.She reads in a report to the board that the corporation has entered into a series of complex financing transactions.One result of the transactions is that the presentation of the corporation's financial statements has changed to make the corporation look more profitable.Sandy is concerned that these transactions might have been designed to hide the true financial position of the corporation.She decides not to enquire into these transactions,however,because she thinks that if she finds out more about them she will have to do something about it.In doing so,Sandy is in compliance with her duty of care and fiduciary duty because she does not have any clear evidence of wrongdoing.