If a Director Has Caused Harm to the Business by Violating

question 43

True/False

If a director has caused harm to the business by violating a fiduciary duty, a shareholder can file a direct suit against the director.

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Definitions:

Factitious Disorder

A mental disorder in which a person acts as if they have a physical or mental illness when they are not really sick.

Dementia

A category of brain diseases that cause a long term and often gradual decrease in the ability to think and remember, affecting daily functioning.

Psychosis

A mental disorder characterized by a disconnection from reality, which might include delusions and hallucinations.

Psychosis

A mental disorder where thought and emotions are so impaired that contact is lost with external reality.