In Which of the Following Situations Will a Director Be

question 30

Multiple Choice

In which of the following situations will a director be found to have breached their duty to act in good faith?

• A)The director has put themselves in a situation where their duties to the company and their personal duties conflict.
• B)The director has agreed to vote in a certain way at future board meetings.
• C)The director has done something which no reasonable director could regard as being in the interests of the company.
• D)The director has exercised one of their powers primarily in order to gain some private advantage.

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Definitions:

Information Seeking

The act of looking for or gathering data, facts, or details about a particular topic or question.

Resamples

The process of drawing repeated samples from observed data, often for purposes of statistical inference or estimation.

Distinct

Clearly different or separate from others.

Measurements

The act, process, or system of ascertaining the size, quantity, or degree of something.