If a Director on the Board of ABC Corp

question 107

True/False

If a director on the board of ABC Corp.has shares in Company XYZ and the directors of ABC Corp.are considering the acquisition of Company XYZ, that director must disclose his interest; he is still permitted to participate in discussions that influence the decision, but he may not vote on the decision.

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Definitions:

Leukemia

A cancer of the blood and bone marrow, defined by the overabundance of irregular white blood cells.

Singular

Referring to a single unit or individual element, as opposed to multiple items or a group.

Plural

A word variation that signifies a quantity greater than one.

Nephrology

A branch of medicine concerned with the study, diagnosis, and treatment of kidney diseases.