Answer the following:
Ron Rader wants to buy all of the stock of Radmore, Inc. He approaches the officers and directors and offers to pay them $200 per share for each of the shares they hold. The officers
a. and directors agree and then convince the majority of shareholders to sell their stock for $100 per share. Do the other stockholders have a cause of action against the officers and directors? Explain.
Anne, Bob, and Clark are three of the five board members of Starzitz, Inc. One day they meet
_b_.by chance for breakfast and decide to transact some corporate business while they are all together. If they decide to declare a dividend and to purchase another building for the
corporation at this meeting, will their actions be binding on the corporation? Explain.
_a_.^Yes^.^Th^e^officer^s^an^d^director^s^hav^e^a^fiduciar^y^dut^y^t^o^th^e^corporation^.^Iⁿ^this

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The Answer of Answer the following: Ron Rader wants to buy all of the stock of Radmore, Inc. He approaches the officers and directors and offers to pay them $200 per share for each of the shares they hold. The officers a. and directors agree and then convince the majority of shareholders to sell their stock for $100 per share. Do the other stockholders have a cause of action against the officers and directors? Explain. Anne, Bob, and Clark are three of the five board members of Starzitz, Inc. One day they meet _b_.by chance for breakfast and decide to transact some corporate business while they are all together. If they decide to declare a dividend and to purchase another building for the corporation at this meeting, will their actions be binding on the corporation? Explain. _a_.^Yes^.^Th^e^officer^s^an^d^director^s^hav^e^a^fiduciar^y^dut^y^t^o^th^e^corporation^.^Iⁿ^this

Answer the Following: Ron Rader Wants to Buy All of the Stock of the Stock