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Mary Is a Director of a Company That Develops Expensive

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Mary is a director of a company that develops expensive residential subdivisions.The company is considering attempting to purchase a large section of land on which to put a development.Mary happens to own some of the land.What duty,if any,does she have regarding disclosure of the fact that she owns some of the land? What steps,if any should be taken by the board when considering the matter,and may the board take action that benefits Mary personally?


Definitions:

Defective Enzyme

An enzyme with an abnormal structure that prevents it from performing its biological function correctly.

Allele

A version among two or more possibilities of a gene that emerges through mutation and occupies the same position on a chromosome.

Alternative Gene Variants

Different forms or versions of the same gene, resulting in variability within a population's genetic composition.

Genotype

Genotype refers to the genetic makeup of an organism; it is the set of genes that an organism carries.

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