A director is disqualified from taking part in corporate action with respect to a matter in which ...

Author Question: A director is disqualified from taking part in corporate action with respect to a matter in which ... (Read 74 times)

maegan_martin

Hero Member
Posts: 532

on: Jun 24, 2018

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

Reply #1 on: Jun 24, 2018

Answer to Question 1

FALSE

Answer to Question 2

TRUE

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