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Author Question: One of the fiduciary duties of directors is the duty not to compete with the corporation. They may ... (Read 148 times)

dejastew

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on: Jun 24, 2018
One of the fiduciary duties of directors is the duty not to compete with the corporation. They may pursue their own business interest, but they may not:
 A) use corporate resources.
  B) hire away personnel for their own business.
  C) use corporate facilities.
  D) All of these.

Question 2

A(n) ____ is a substituted contract that involves an agreement among three parties to substitute a new promisee in place of an existing promisee, or to replace an existing promisor with a new one.
 A) accord
  B) satisfaction
  C) novation
  D) mutual rescission


zoeyesther

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

C


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