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cherimcd91 cherimcd91
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2 years ago
If a director on the board of ABC Corp. has shares in Company XYZ and the directors of ABC Corp. are considering the acquisition of Company XYZ, that director must disclose his or her interest; he or she is still permitted to participate in discussions that influence the decision, but may not vote on the decision.

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Textbook 
Legal Fundamentals for Canadian Business

Legal Fundamentals for Canadian Business


Edition: 4th
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sel0814sel0814
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