Which of the Following Is an Example of a Breach

question 83

Multiple Choice

Which of the following is an example of a breach of a fiduciary duty?

• A) A shareholder of ABC Ltd., a trucking corporation whose shares are listed on the Vancouver Stock Exchange, is working as an employee for ABC Ltd.'s competitor, Johnstone Trucking.
• B) The directors of the corporation, contrary to the request by the shareholders, refused to declare dividends.
• C) A partner in a firm learned of a business forced to sell some heavy equipment. Although the partnership could have used the equipment, he bought and sold it at a substantial profit before the partnership was given a chance to buy it.
• D) A promoter of a corporation sold property to the corporation for four times what he paid for it after he made full disclosure of his interest to an independent board of directors, which voted for the purchase.
• E) A shareholder of a corporation voted in favour of an acquisition by the corporation at the annual general meeting because he secretly had an interest in the corporation being purchased.

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Definitions:

Health Literacy

The degree to which individuals have the ability to obtain, process, and understand basic health information needed to make appropriate health decisions.

COPD Medications

Drugs used to manage chronic obstructive pulmonary disease, aimed at reducing symptoms, complications, and improving quality of life.

Chronic Obstructive Pulmonary Disease

A lung disease characterized by long-term breathing problems and poor airflow, primarily caused by smoking.

Return Demonstration

Demonstration after the patient has first observed the teacher and then practiced the skill in mock or real situations.