Levi Is the Director for a Milk Production Company

Levi is the director for a milk production company.On the side,he and his brother Ray own a McDonalds close by that uses sweetened milk products to make ice cream.Recently,that McDonalds' contract with a different milk production company was ended due to price disagreements.Levi has offered a contract on behalf of his own milk company to the McDonalds he owns with his brother for sweetened milk.Which of the following regarding this potential transaction is false?

A) The transaction is possible if procedural safeguards are observed.
B) The transaction must be fair and reasonable to the milk production company.
C) Levi must give adequate notice of his interests in the contract to the board of directors of the milk company.
D) Levi must vote to approve the contract with the board of directors.
E) The rules governing these transactions are found in the CBCA.