Alex Is a Director of ABC,Inc

question 24

Multiple Choice

Alex is a director of ABC,Inc.Alex wants to personally make a major purchase from Bravo Co.If it knew of the opportunity,ABC might be also interested in making that same purchase.Alex must

• A)advise the boards of both corporations of his conflict of interest.
• B)first offer the opportunity to make the purchase to the disinterested directors of ABC or its shareholders.
• C)resign from the board of directors.
• D)abandon the idea of making the purchase himself.

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Definitions:

10% Bleach

A solution containing 10% sodium hypochlorite, commonly used for disinfection or stain removal due to its strong oxidizing properties.

Contaminated Surface

A surface that has been exposed to potentially harmful microorganisms or chemicals, posing a risk of infection or injury.

Isopropyl Alcohol

A colorless, flammable chemical compound with a strong odor, commonly used as a disinfectant, solvent, and antiseptic.

Specimen Slide

A thin slice of material, such as tissue, mounted on a slide for examination under a microscope.