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Victoria is a director of Mardi Gras Bead Corp. She opposes an offer to merge Mardi Gras Bead Corp. with Carnival Inc. because she would

Victoria is a director of Mardi Gras Bead Corp. She opposes an offer to merge Mardi Gras Bead Corp. with Carnival Inc. because she would lose her board position.

(1) What two fiduciary duties does Victoria owe and who does she owe them to?

(2) Describe each duty in detail and explain whether you think she is liable for breach of either duty and explain your reasoning.

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