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Ashorn Ashorn
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7 years ago
Use this fact situation to answer the related questions that follow.
Jane is the director of a private national company and has a number of friends who are the directors or officers of other large private national companies. One weekend, Jane and her family are invited to a barbecue at the home of Jane's good friend Edmund, who casually tells Jane as her friend that his company is about to sell a number of franchises and that anyone can pick them up relatively cheap.

In the situation above, if Jane decides to buy one or more of the franchises and the company finds out what she has done and sues her, it will probably argue that
a. Jane breached her duty of care owed to the company.
b. Jane breached her duty of good faith owed to the company.
c. Jane had an undisclosed interest in Edmund's corporation.
d. Jane came into the information in her capacity as a director of the company.
e. none of the above
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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MiY4GiMiY4Gi
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7 years ago
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Ashorn Author
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6 years ago
you da best
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