Author Question: An officer who breaches the fiduciary duty to the corporation will be: A) discharged, but not ... (Read 94 times)

drink

  • Hero Member
  • *****
  • Posts: 554
An officer who breaches the fiduciary duty to the corporation will be:
 A) discharged, but not required to pay anything.
  B) required to return to the corporation profits obtained through breach of a fiduciary duty and forfeit the right to compensation during the period of the breach
  C) required to pay back all compensation received during the period of the breach.
  D) None of these.

Question 2

An implied-in-fact condition and constructive condition are the same.
  Indicate whether the statement is true or false



sierrahalpin

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

B

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

For a complete list of videos, visit our video library