Which of the following is NOT a prime consideration in determining whether a fiduciary has taken an opportunity that belongs to a corporation?
A) Whether the opportunity is in the corporation's line of business
B) The amount of money the fiduciary stands to make
C) Whether the fiduciary developed the idea using corporation resources
D) Whether the involvement by the fiduciary will hinder the corporation's purposes

Question

Quizplus · Accepted Answer

While the amount of money the fiduciary stands to make may be a factor to consider, it is not the prime consideration. The prime considerations include whether the opportunity is in the corporation's line of business, whether the fiduciary developed the idea using corporation resources, and whether the involvement by the fiduciary will hinder the corporation's purposes.

Which of the Following Is NOT a Prime Consideration in Determining