Where a Director's Acts Are in Violation of His Duty

question 50

Multiple Choice

Where a director's acts are in violation of his duty of loyalty to the corporation,the most likely principle to be applied is the

• A)doctrine of ultra vires.
• B)doctrine of constructive notice.
• C)doctrine of corporate opportunity.
• D)doctrine of derivative action.
• E)None of these

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Definitions:

Diencephalon

The diencephalon is a division of the brain located between the cerebrum and the midbrain, comprising structures such as the thalamus and hypothalamus, involved in sensory and neural function.

Basal Nuclei

Groups of neurons located deep within the cerebral hemispheres that are involved in controlling movement and coordination.

Muscular Activity

Physical actions or movements resulting from the contraction and relaxation of muscle groups.

Autonomic Nervous System

A subdivision of the peripheral nervous system that controls bodily functions not consciously directed, such as breathing, the heartbeat, and digestive processes.