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Directors Can Make Opportunistic Choices to Advance Their Personal Interest

Question 8

Multiple Choice

Directors can make opportunistic choices to advance their personal interest when:


A) they plan to sell off the corporation stocks at inflated prices.
B) they hold majority of the stocks in the corporation.
C) they are aware that the cost of forming a new board of directors is high.
D) their personal returns from the well being of the corporation is high.

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