Suppose that Albert is on the board of directors of Acme Sailboard Company, Inc. As the result

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Suppose that Albert is on the board of directors of Acme Sailboard Company, Inc. As the result of a contract dispute, Acme Sailboard Company, Inc., and Albert are both named in a lawsuit brought by one of their suppliers. If Albert is found at the trial to be innocent of any wrongdoing, who is responsible for paying his attorneys' fees and legal expenses? What if it is determined at trial that there has been an illegal conversion of funds by Albert that resulted in the lawsuit?

Posted Date: Jun 13, 2024 07:38 PM

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Suppose that Albert is on the board of directors of Acme Sailboard Company, Inc. As the result

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