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Members of the Board of Directors violate their duty of loyalty if they: Compete with the Corporation or take an advantage of a Corporate opportunity
Members of the Board of Directors violate their duty of loyalty if they:
Compete with the Corporation or take an advantage of a Corporate opportunity to the detriment of the Corporation; | ||
Have conflicts of interest with the Corporation, or use insider information not known to the general public; | ||
Take actions that are detrimental to minority shareholders or sell control over the Corporation; | ||
All of the above; | ||
None of the above. |
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