Keith harris a shareholder of fastway airlines inc, Ask an Expert

Management Studies

Keith Harris, a shareholder of Fastway Airlines, Inc., discovered that Donald Fleure , chief e x ecutive officer of Fastway , had sold some of his own land to the corporation at what Harris be lieved to be excessive prices.

Can Harris bring a direct or a derivative suit in this situation? Explain. Would the fairness rule or the business judgment rule be used to evaluate the activities of Fleure ? Explain.

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Management Theories, Management Studies

Category:- Management Theories
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