Author Question: One of the fiduciary duties of directors is the duty not to compete with the corporation. They may ... (Read 143 times)

dejastew

  • Hero Member
  • *****
  • Posts: 562
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

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The average adult has about 21 square feet of skin.

For a complete list of videos, visit our video library