This is just a question our instructor asked: 8. which of the following would a court most
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Question:
This is just a question our instructor asked:
8. which of the following would a court most likely require in order to find there is no legal impediment to Marion proceeding to pursue a corporate opportunity declined by the corporation in which she holds a fiduciary position?
a)a resolution enacted by the corporation declining the corporate opportunity
b)a consenting resolution passed by the directors of the corporation
c)a consenting resolution passed by the shareholders of the corporation
d)a resolution enacted by the corporation's consenting shareholders and directors
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