Author Question: An officer who breaches the fiduciary duty to the corporation will be: A) discharged, but not ... (Read 83 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?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

For a complete list of videos, visit our video library