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Lewis Is a Director of Mines & Refineries,Inc

Question 18

Multiple Choice

Lewis is a director of Mines & Refineries,Inc. Using information that is not available to the public,Lewis makes a profit trading in Mines & Refineries securities. Lewis is most likely liable for breach of


A) none of the choices.
B) the business judgment rule.
C) the duty of loyalty.
D) the duty of care.

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