Which of the following statements is correct regarding fiduciary duty?

a. A director’s fiduciary duty to the corporation may be discharged by merely disclosing his or her self-interest.

b. A director owes a fiduciary duty to the shareholders but not to the corporation.

c. A promoter of a corporation to be formed owes no fiduciary duty to anyone, unless the contract engaging the promoter so provides.

d. A majority shareholder as such may owe a fiduciary duty to fellow shareholders.

AppendixLO1