A is a director of Corporation. A is also the CEO of Bank (and a significant shareholder of Bank). Anticipating the additional business the project will bring to Bank, Bank agrees to provide financing for Corporation's construction project. Bank's proposed loan to Corporation creates a conflict of interest for A that: Question 2 options: 

a) will require A to disgorge any profits from the transaction. 

b) will require A to disclose the conflict to Corporation's board of directors. 

c) can be solved if it is approved by Corporation's board of directors. 

d) b and c

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The correct answer is d b and c Heres w... View the full answer