Jameson Works for Fishy-Mart Corporation, a Chain of Superstores That

question 18

Multiple Choice

Jameson works for Fishy-Mart Corporation, a chain of superstores that sell large quantities of seafood.Jameson's job is to locate future sites for Fishy-Mart stores.Jameson finds a piece of real estate near a coastline that would make a great site for a Fishy-Mart store.Jameson tells his friend to purchase the property from its current owner, which he does.Jameson has a secret agreement with his friend to split the profits when he sells the property to Fishy-Mart.Jameson, without disclosing his interest in the property, recommends the site to Fishy-Mart, which then purchases the property from Jameson's friend.The friend splits the profits with Jameson.What breach of the duty of loyalty has Jameson committed here?

• A)usurping a corporate opportunity
• B)self-dealing
• C)competing with the corporation
• D)proxy

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Definitions:

Mobile Direct Marketing

A marketing strategy that directly targets consumers on their mobile devices through SMS, social media, and apps.

Online Direct Marketing

A form of marketing that delivers promotional messages directly to consumers through digital channels, without intermediaries.

Direct Mail

A marketing technique that involves sending promotional messages or materials directly to prospective customers via postal mail.

Business Expenditures

Business expenditures are the costs incurred in the operation of a business, which can include salaries, rent, utilities, and purchasing materials or equipment.