Question: Please, may you explain this case. Simone is a director of Place Computer Limited, a corporation. She is also the sole shareholder and director of

Please, may you explain this case.

Simone is a director of Place Computer Limited, a corporation. She is also the sole shareholder and director of Simtronic Supply Inc, a corporation. Simtronic sells parts for personal computers. At a Pace board meeting , Simone suggests that Pace could get its parts inventory for less money for from Simtronics that from its current supplier.

Explain whether there is a legal issue that arises on these facts? What if anything can Simone do to ensure that this issue is appropriately resolved?

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