Multiple Choice
Which of the following is NOT a prime consideration in determining whether a fiduciary has taken an opportunity that belongs to a corporation?
A) Whether the opportunity is in the corporation's line of business
B) The amount of money the fiduciary stands to make
C) Whether the fiduciary developed the idea using corporation resources
D) Whether the involvement by the fiduciary will hinder the corporation's purposes
Correct Answer:

Verified
Correct Answer:
Verified
Q36: A contractual provision insisted upon by a
Q37: A shareholder who owns sufficient shares to
Q38: In CASE 20.1 Smith v.Van Gorkom (1985),plaintiff-shareholders
Q39: In evaluating a buyout proposal,the directors should
Q40: Companies listed on the New York Stock
Q42: In CASE 20.2 In re Citigroup Inc.Shareholder
Q43: The Omnicare,Inc.v.NCS Healthcare,Inc.case,involved a question of whether
Q44: Which of the following is true in
Q45: In CASE 20.2 In re Citigroup Inc.Shareholder
Q46: Maury is a fairly new director at