Solved

If a Director Commits a Breach of Fiduciary Duty, the Shareholders

Question 47

True/False

If a director commits a breach of fiduciary duty, the shareholders have the inherent power to remove the director from office by a majority vote.

Related Questions

Q42: To prevent a majority shareholder from dominating

Q43: When directors do not act in the

Q44: Corporate resolutions of the corporation's board of

Q45: Rex forms Shell Company to assume debts

Q46: The primary document needed to incorporate a

Q48: A benefit corporation is designed to make

Q49: Robotics Inc. is a corporation. Its express

Q50: How many directors serve on a corporation's

Q51: Metro Moving Service holds itself out to

Q52: As a director of InstaTalk Inc., Jin