Author Question: A director is disqualified from taking part in corporate action with respect to a matter in which ... (Read 64 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
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
Answer to Question 1

FALSE

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

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

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library