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Blizzen Blizzen
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6 years ago
Which of the following statements is correct regarding fiduciary duty?
 a. A director's fiduciary duty to the corporation may be discharged by merely disclosing his or her self-interest.
  b. A director owes a fiduciary duty to the shareholders but not to the corporation.
  c. A promoter of a corporation to be formed owes no fiduciary duty to anyone, unless the contract engaging the promoter so provides.
  d. A majority shareholder as such may owe a fiduciary duty to fellow shareholders.
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gool34gool34
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6 years ago
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6 years ago
This site is awesome
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Thank you, thank you, thank you!
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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