Etta Is a Director of Trendy Stuff Corporation

question 53

Multiple Choice

Etta is a director of Trendy Stuff Corporation.Without informing Trendy,Etta goes into business with GR8 Things,Inc.,in competition with Trendy.Etta is li-able for breach of

• A)no duty or rule
• B)the business judgment rule.
• C)the duty of care.
• D)the duty of loyalty.

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Definitions:

Key Events

Important, significant happenings or milestones that have a notable impact on a specific context or scenario.

Landmark Events

Significant occurrences or moments in history, life, or one's personal development that mark important transitions or stages.

Empirical Evidence

Refers to information that is acquired by observation or experimentation, forming the basis for conclusions in the scientific method.

Correlational Data

Information that shows the relationship between two variables, indicating how they move together without implying causation.