Question
Dimitri is a director of the Quebec company PROXIM inc. During the last board meeting, a draft contract was submitted by the chairman of the
Dimitri is a director of the Quebec company PROXIM inc. During the last board meeting, a draft contract was submitted by the chairman of the board of directors. The contract value is $500,000. The data is complex and Dimitri does not think he has the skills to analyze this contract. He fears being held liable in the event of an error if he votes favorably for this contract.
What do you advise Dimitri to protect himself from possible legal action? Justify
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As a director Dimitri has several options to protect himself from possible legal action 1 Consult an ...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
