Lew Is a Director of Mines, Inc

question 34

Multiple Choice

Lew is a director of Mines, Inc. Using information that is not available to the public, he makes a profit trading in Mines securities. Lew is most likely liable for breach of

• A) ​none of the choices.
• B) ​the business judgment rule.
• C) ​the duty of loyalty.
• D) ​the duty of care.