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Question
Alan, a corporate manager, decides he would like to pursue, for himself, a business opportunity he knows his corporation would also be interested in. Under the corporate opportunity rule, Alan may:
A. pursue the business opportunity only if he offers it to other corporate managers and also allows them to pursue it.
B. never pursue the business opportunity as long as he is employed by the corporation.
C. pursue the business opportunity if he first offers it to the corporation and the corporation rejects it.
D. pursue the business opportunity without informing the corporation of it.
Answer
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Related questions
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D. a repudiation of contract.