Eve Is a Director of Fab Stuff Corporation

question 12

Multiple Choice

Eve is a director of Fab Stuff Corporation. Without informing Fab, Eve goes into business with GR8 Things, Inc., in competition with Fab. Eve 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:

Collective Bargaining

The negotiation process through which management and unions reach an agreement about compensation, working hours, and working conditions for the bargaining unit.