Taylor, a shareholder in Corporation A, wanted to sell her shares. She asked Graham, the chair of

Question:

Taylor, a shareholder in Corporation A, wanted to sell her shares. She asked Graham, the chair of the board of directors, if he knew of anyone who wanted to buy shares of Corporation A. Graham said he would buy them for $10 per share. Graham did not tell Taylor that the corporation was having discussions with Tony, who was interested in buying all the shares of the corporation for $15. Should Graham have told Taylor about these discussions?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...

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