Carlo is a director of Desserts Italiano, Inc. Carlo opposes a tender offer that is in the company's best interest because its acceptance would cost his position as a director. Carlo is most likely liable for a breach of

Question

Carlo is a director of Desserts Italiano, Inc. Carlo opposes a tender offer that is in the company's best interest because its acceptance would cost his position as a director. Carlo is most likely liable for a breach of​

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Carlo's opposition to the tender offer, even though it is in the company's best interest, is a clear violation of his duty of loyalty. As a director, Carlo has a legal and ethical obligation to act in the best interest of the company and its shareholders, and his actions to protect his own position on the board are in direct violation of this duty. The duty of loyalty requires directors to put the interests of the company and its shareholders above their own personal interests, and Carlo's actions clearly fall short of this standard.

Carlo Is a Director of Desserts Italiano, Inc