One of the fiduciary duties of directors is the duty not to compete with the corporation.They may pursue their own business interest, but in doing so they may not:
A)use corporate resources.
B)hire away personnel for their own business.
C)use corporate facilities.
D)All of the answer choices are correct.

Question

Quizplus · Accepted Answer

The duty not to compete with the corporation includes all of the answer choices listed. Directors must not use corporate resources, facilities, or personnel for their own business interests as it is a breach of their duty of loyalty to the corporation.

One of the Fiduciary Duties of Directors Is the Duty