Author Question: An officer who breaches the fiduciary duty to the corporation will be: A) discharged, but not ... (Read 147 times)

drink

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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

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Answer to Question 1

B

Answer to Question 2

FALSE



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