The board of directors of Tigers Pipes & Fittings approves a new line of products for the
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The board of directors of Tiger’s Pipes & Fittings approves a new line of products for the company to sell and oversees contract negotiations for obtaining the products from the supplier. This is
a. a corporate conflict of interest.
b. a usurpation of the corporate officers’ duties.
c. a violation of state corporate law.
d. within the general area of the board’s responsibilities.
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Related Book For
Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell
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