The board of directors of Tigers Pipes & Fittings approves a new line of products for the

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The board of directors of Tiger’s Pipes & Fittings approves a new line of products for the company to sell and oversees contract negotiations for obtaining the products from the supplier. This is

a. a corporate conflict of interest.

b. a usurpation of the corporate officers’ duties.

c. a violation of state corporate law.

d. within the general area of the board’s responsibilities.

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Business Law Text And Exercises

ISBN: 9780357717417

10th Edition

Authors: Roger LeRoy Miller, William E. Hollowell

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