Which of the following would be seen as a breach of the duty of loyalty by a corporate officer?

Question

Quizplus · Accepted Answer

Self-dealing refers to when a corporate officer uses their position for personal gain, which is a clear breach of the duty of loyalty. Straight voting and cumulative voting are methods of electing directors, and piercing the corporate veil refers to holding the shareholders individually liable for the actions of the corporation, which is not directly related to the duty of loyalty.

Which of the Following Would Be Seen as a Breach