Author Question: A director is disqualified from taking part in corporate action with respect to a matter in which ... (Read 71 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
A director is disqualified from taking part in corporate action with respect to a matter in which the director has a disclosed conflicting interest.
  Indicate whether the statement is true or false

Question 2

Absent a showing of fraud, generally courts will not second guess' directors' right to manage the company.
  Indicate whether the statement is true or false



Tonyam972

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

FALSE

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

For a complete list of videos, visit our video library