A director’s duty to avoid a conflict of interest includes: Select one: a. Not making a personal profit from an opportunity arising from their office b. Not taking up an opportunity that belongs to the company c. Not using his or her position for private gain d. All of the above

A director’s duty to avoid a conflict of interest includes: Select one: a. Not making a personal profit from an opportunity arising from their office b. Not taking up an opportunity that belongs to the company c. Not using his or her position for private gain d. All of the above

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

A director’s duty to avoid a conflict of interest includes:
Select one:
a. Not making a personal profit from an opportunity arising from their office
b. Not taking up an opportunity that belongs to the company
c. Not using his or her position for private gain
d. All of the above

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