Examlex

Solved

Daniel Has Worked as a Computer Programmer and Senior Officer

question 22

True/False

Daniel has worked as a computer programmer and senior officer of Litem Systems Inc for several years.He has built up a close relationship with a number of Litem clients.One of them asks Daniel if he can do some programming work on the side.It is the same kind of work that Daniel does for clients of Litem.The client would hire and pay Daniel directly.Daniel would do the work on nights and weekends.Daniel is interested,but he cannot take the work because it would be a breach of his fiduciary duty and,if he does take it,he could be forced to pay over all of his profits to Litem.


Definitions:

Written Ideas

Ideas or concepts that have been documented in writing, facilitating communication, analysis, and further development.

Incremental Innovation

The process of making small improvements or upgrades to existing products, services, or processes, rather than creating something completely new.

Radical Innovation

Innovation that fundamentally changes existing practices, products, or technologies, often creating new markets.

Creative Synthesis

The process of combining or integrating different ideas, concepts, or elements into a novel or cohesive whole.

Related Questions