The directors of ABC Corporation have voted to form a strategic alliance with Atlas Supplies Ltd$.,$ a corporation owned by a block of ABC $\text{'}$s shareholders. They plan to pay a premium over the market rate for the services of Atlas in recognition of their close relationship. Which statement best describes this situation?

Select one:

a$.$ the directors have breached their fiduciary duties by favoring on particular group of shareholders

b$.$ the directors have misused a corporate opportunity

c$.$ the directors have breached their duty of competence

d$.$ the directors have entered into a self dealing contract