The corporate opportunity doctrine states


The corporate opportunity doctrine states that:

(a) corporate officers, directors and agents cannot take personal advantage of business opportunities that should belong to the corporation;

(b) corporate officers and directors are not liable for honest mistakes that arise from good-faith exercise of judgment;

(c) ownership in a corporation gives the owner special preferences related to dividends;

(d) ownership in a corporation entitles the owner to vote on corporate matters.

Request for Solution File

Ask an Expert for Answer!!
Operation Management: The corporate opportunity doctrine states
Reference No:- TGS01682181

Expected delivery within 24 Hours