Vian Corp Offered Ken Ng $300,000 If He Would Quit Working

question 12

Multiple Choice

Vian Corp. offered Ken Ng $300,000 if he would quit working for the rival Avar Ltd. and join Vian. Despite having 2 years left on his contract, Ken quit Avar and took his client lists with him and joined Vian. Ken has continued to contact his former Avar clients and Avar is furious. As a result which of the following statements is FALSE? Avar can

• A)successfully sue Ken for breach of contract
• B)successfully sue Vian for breach of contract
• C)successfully sue Ken for breach of confidential information
• D)successfully sue Vian for inducing breach of confidential information
• E)seek pecuniary and punitive damages

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Definitions:

Board of Directors

A group of individuals elected by the shareholders of a company to oversee and make decisions on its behalf.

Revised Act

A revised act is a piece of legislation that has been amended, updated, or rewritten to reflect current standards, practices, or understanding.

Quorum

The minimum number of members needed to be present for a meeting to legally conduct business and make decisions.

Dividends

Distributions from a company to its shareholders, derived from the company's earnings or accumulated savings.