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Other Fields Homework Help Business Topic started by: Desolo on Apr 2, 2014



Title: Helen works as the vice-president of Gotspeed Corporation, a company that develo
Post by: Desolo on Apr 2, 2014
Helen works as the vice-president of Gotspeed Corporation, a company that develops and sells sports shoes. Nestor, a private cobbler, makes a new model of shoes that help a user's feet grip the shoe better, and he calls it the Anklator. Nestor's friend fixes an appointment for him with Helen to present his shoe model for possible adoption by Gotspeed. Instead of bringing the opportunity to Gotspeed's board of directors and the corporation, Helen pays Nestor's asking price and purchases the Anklator model for herself. Helen leaves Gotspeed Corporation and forms her own company that manufactures and markets the Anklator shoe models. What breach of the duty of loyalty has Helen committed here?
A) self-dealing
B) usurping a corporate opportunity
C) making a secret profit
D) competing with the corporation

This is for my business law class, anything will help


Title: Re: Helen works as the vice-president of Gotspeed Corporation, a company that develo
Post by: bbb on Apr 8, 2014
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Title: Re: Helen works as the vice-president of Gotspeed Corporation, a company that develo
Post by: Desolo on Apr 8, 2014
Thanks correct