Corporation x is in the business of buying restoring and, Ask an Expert

Economics

Corporation X is in the business of buying, restoring, and selling vintage cars. A local man attempts to sell to corporation X a vintage car, estimated to be worth $50,000, for the price of $1000. If the president receives the offer but, instead presenting the the proposal to Corporation X, buys the car in his own personal capacity, the president has likely:

A) Violated the Duty of Loyalty

B) Violated the Duty of Care

C) Violated the Duty of cooperation

D) Committed no violations

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91676365

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