Traditionally, a transaction benefiting a director's self interest is __________ unless the director could show it was fair and reasonable to the corporation
a. void
b. voidable
c. illegal
d. All of these are correct.
b
You might also like to view...
It is expensive and often impossible to terminate distributor and agent agreements
Indicate whether the statement is true or false
If engineers determine that a product can be produced for less than its target cost, then production of the product should not be undertaken
Indicate whether the statement is true or false
Which HR specialty covers the recruiting process and selecting the best candidate?
A. Training and development B. Staffing C. Labor and industrial relations D. Ethics and sustainability E. Safety and security
A collaborative work group that uses electronic bulletin boards for discussing ideas can decrease the amount of time spent in teams meetings
Indicate whether the statement is true or false