A Shareholder That Engages in a Conflict on Interest with a Corporation

question 36

Multiple Choice

A shareholder that engages in a conflict on interest with a corporation is which the shareholder holds shares must:

• A) get the consent of the corporation in which the shareholders holds shares
• B) pay damages to the corporation
• C) disgorge any profit the shareholder makes through the conflict of interest
• D) sell the shareholders shares to the corporation
• E) none of the above

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The initial phase where strategies and measures are devised before executing a project or activity.