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Mitch is a director and officer of Numero Uno, Inc. Mitch makes a marketing decision that results in a dramatic decrease in profits for Numero Uno and its shareholders. The shareholders accuse Mitch of breaching his fiduciary duty to the corporation. What is Mitch's best defense against this accusation? Later, the Numero Uno board considers a resolution for the firm to compete with One-of-a-Kind Corporation. Mitch is a director and shareholder of One-of-a-Kind. What is Mitch's responsibility in this situation?
Identical Twins
Twins who are genetically identical as they originate from a single fertilized egg that splits into two, sharing the same DNA.
Fraternal Twins
Twins that develop from two separate eggs fertilized by two different sperm cells, resulting in siblings that share about 50% of their DNA, similar to regular siblings.
Heritable
Refers to traits or characteristics that can be passed from one generation to the next through genetic inheritance.
Fight-Or-Flight Response
A physiological reaction that occurs in response to a perceived harmful event, attack, or threat to survival, preparing the body to either fight back or flee.
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