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Lance, a corporate officer, is present for meetings in which directors discuss potential clients. Lance realizes that he can tell his wife, who works for

Lance, a corporate officer, is present for meetings in which directors discuss potential clients. Lance realizes that he can tell his wife, who works for a competing company, about the clients that his company decides not to take on. Lance also discloses what he is doing to a friend who is later elected as a director in his company. Which of the following is true in this situation?
a. Lance is legally allowed to profit from this information because his company has decided not to take on those clients.
b. Lance is not liable because he has informed a director about his actions and therefore is not making secrets profits.
c. Lance is liable for diverting corporate opportunities to a competing firm.
d. Lance is liable for breaching his duty of care toward the company.

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