A Manager Who Has Engaged in Self-Dealing Has Violated the Duty

question 35

True/False

A manager who has engaged in self-dealing has violated the duty of loyalty to the corporation,unless the self-dealing was entirely fair to the corporation.

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Definitions:

Single-Tax Movement

A political and economic ideology advocating for a tax system based solely on land value.

Henry George

A 19th-century American economist and social reformer known for his advocacy of a single tax on land value.

Resource Allocation

The process of assigning and managing assets and resources in the most efficient way to meet organizational or economic objectives.

Present Value

The current value of a future sum of money or stream of cash flows given a specific rate of return.