In Which of the Following Situations Will a Director Be

question 41

Multiple Choice

In which of the following situations will a director be found to have breached their duty to exercise discretion?

• A)The director has put themselves in a situation where their duties to the company and their personal duties conflict.
• B)The director has agreed to vote in a certain way at future board meetings.
• C)The director has done something which no reasonable director could regard as being in the interests of the company.
• D)The director has exercised one of their powers primarily in order to gain some private advantage.

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Definitions:

Recycling

The process of converting waste materials into new materials and objects, aiming to reduce consumption of fresh raw materials, energy usage, and environmental pollution.

Commons Dilemmas

A situation where individual interests conflict with the collective interest, often resulting in the overuse or degradation of a common resource.

Characteristics of the Resource

The attributes or properties that define the nature, utility, and limitations of a specific resource.

Grounded Theory Analysis

A research method used in social science to build theories that are grounded in systematically gathered and analyzed data.