Why Would a Court Consider an Accounting of Profits to Be

question 7

Multiple Choice

Why would a court consider an accounting of profits to be an appropriate remedy for a breach of the corporate opportunity doctrine?

• A) It is the most obvious remedy available to the courts.
• B) It facilitates the return of something that belonged to the corporation.
• C) It is a readily available calculation to be made.
• D) It facilitates quick and effective punishment for white collar crimes.

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Definitions:

McClelland's Model

A motivational theory that identifies three primary drivers of human behavior: the needs for achievement, power, and affiliation.

Self-Motivated High Achievers

Self-motivated high achievers are individuals who show a high degree of drive and initiative, striving for success and excellence in their endeavors without the need for external motivation.

Immediate Feedback

Prompt and direct response or evaluation following an action, endeavor, or performance.

McClelland's Model

A psychological theory that identifies three primary motivators in people: the need for achievement, the need for affiliation, and the need for power.