With Respect to an Alleged Misappropriation of a Corporate Opportunity,a

question 65

Multiple Choice

With respect to an alleged misappropriation of a corporate opportunity,a judge's examination of facts and matters giving rise to a question of whether an individual is in breach of a fiduciary duty would be strongly supported by evidence of which of the following?

• A) the quantum of knowledge possessed and factors influencing it being obtained
• B) the amount of profits earned by the individual committing the breach of duty
• C) the circumstances under which the employment relationship of the officer arose
• D) the duration of time an individual has held a fiduciary position with the entity

---

Definitions:

Monthly Payments

Regular payments made once a month, often in the context of loans, rent, or subscriptions.

Security Interest

A legal claim or right granted on property or assets as collateral to secure the performance of an obligation, such as repayment of a loan.

Federal Bankruptcy Exemptions

Specific exemptions provided by federal law that allow a debtor to protect certain types of property from being seized and sold off by creditors during the bankruptcy process.

Unsecured Creditors

Creditors who have extended credit without obtaining specific collateral, ranking below secured creditors in claims on assets.