The Remedy for a Director's Breach of Fiduciary Duty Is

question 17

Multiple Choice

The remedy for a director's breach of fiduciary duty is:

• A) a suit in equity by the corporation.
• B) a derivative suit instituted by a shareholder to require the director to pay to the corporation the profits obtained through the breach.
• C) a class action suit by the shareholders.
• D) Not only  a suit in equity by the corporation but also  a derivative suit instituted by a shareholder to require the director to pay to the corporation the profits obtained through the breach.

---

Definitions:

Conditioned Stimulus

A previously neutral stimulus that, after association with an unconditioned stimulus, comes to trigger a conditioned response.

Unconditioned Response

A natural, automatic reaction to a stimulus that occurs without prior learning or conditioning.

Conditioned Response

A learned reaction to a previously neutral stimulus, established through classical conditioning.

Learned Response

A reaction or behavior that an individual acquires through conditioning or experience in response to a specific stimulus.