A Director Will Be Criminally Liable Where She or He

question 8

Multiple Choice

A director will be criminally liable where she or he

• A)uses corporate information to make personal profit.
• B)acts as corporate agent to the determent of the corporation.
• C)gets involved with insider trading.
• D)intercepts a corporate opportunity.
• E)directly competes with the corporation in her or his own business.

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Definitions:

Scorched Earth Policy

A military strategy that involves destroying anything that might be useful to the enemy while advancing through or withdrawing from an area.

Kit Carson

An American frontiersman and soldier who played a key role in the westward expansion of the United States, but whose actions also contributed to the displacement of Native American tribes.

Navajos

are a Native American people of the Southwestern United States, known for their rich cultural traditions, art, especially weaving, and their history of resilience and sovereignty.