One of the Fiduciary Duties of Directors Is the Duty

question 39

Multiple Choice

One of the fiduciary duties of directors is the duty not to compete with the corporation.They may pursue their own business interest,but they may not:

• A) use corporate resources.
• B) hire away personnel for their own business.
• C) use corporate facilities.
• D) All of these.

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Definitions:

Relative Frequency

The ratio of the number of times a particular value occurs in a set of data to the total number of observations.

Business Administration

The management and organization of business operations and decision-making processes in companies and organizations.

Majoring

The process of specializing in a particular field or area of study within a broader educational program.

Graphical Device

A tool or mechanism used to create, design, or display data and information in a visual format.