What are the three elements that must be met before directors or officers may be found to have usurped a corporate opportunity?
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Q39: The _ usually keeps the minutes of
Q40: A law that holds that directors will
Q41: A corporation is:
A) liable for all torts
Q42: A director who has acted in bad
Q43: With regard to the duty of directors
Q45: In cases where an officer or director
Q46: Discuss whether a corporation may indemnify a
Q47: Which of the following acts requires CEOs
Q48: With regard to the duty of directors
Q49: Explain the business judgment rule.
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