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Thanks!Igotaproblemaboutdirectors'duties. PiaGalliattendsawineindustryconferenceatwhichshemeetsanagriculturalscientistwhoisworkingonaprocesstoextractvaluefromthewasteproductsofwinemaking.Thescientistisverykeentoenterintoajointventurewithasignificantwineproducertotestandhopefullycommercialisethetechnology.AtPiassuggestion,thescientistpreparesaproposalandpresentsittotheboardofFWPL.FWPLisimpressedbythetechnologyandtheopportunityitpresentsforthebusiness,butbecauseofthesignificantinvestmentitismakingintheorganicvineyardatRobinvale,isnotinapositiontotakeitup.Afterthemeeting,Piaphonesthescientistandsaysthatshewouldliketoinvestherownmoneyintheproject.PiadoesnottellherfellowFWPLdirectorsofherdecision.IsPiaallowedtomaketheinvestment? Issue: Rule/Law: Application: Conclude

  • Thanks!Igotaproblemaboutdirectors'duties.
  • PiaGalliattendsawineindustryconferenceatwhichshemeetsanagriculturalscientistwhoisworkingonaprocesstoextractvaluefromthewasteproductsofwinemaking.Thescientistisverykeentoenterintoajointventurewithasignificantwineproducertotestandhopefullycommercialisethetechnology.AtPiassuggestion,thescientistpreparesaproposalandpresentsittotheboardofFWPL.FWPLisimpressedbythetechnologyandtheopportunityitpresentsforthebusiness,butbecauseofthesignificantinvestmentitismakingintheorganicvineyardatRobinvale,isnotinapositiontotakeitup.Afterthemeeting,Piaphonesthescientistandsaysthatshewouldliketoinvestherownmoneyintheproject.PiadoesnottellherfellowFWPLdirectorsofherdecision.IsPiaallowedtomaketheinvestment?
    • Issue:
    • Rule/Law:
    • Application:

Conclude

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