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Managers or Directors Who Are Engaged in Self-Dealing or Have

Question 28

Multiple Choice

Managers or directors who are engaged in self-dealing or have a self-interest other than that of a corporate fiduciary have:


A) followed the corporate opportunity doctrine.
B) breached the duty of loyalty.
C) a defense based on the business judgment rule.
D) to rely on the breakthrough rule.

Correct Answer:

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