Question: StartUpCo hires Tim to join as a skilled software engineer. During the weekends, Tim starts a competing company to take advantage of opportunities that are

StartUpCo hires Tim to join as a skilled software engineer. During the weekends, Tim starts a competing company to take advantage of opportunities that are not being captured by StartUpCo. Which of the following statements best represents the legal outcome of Tim's actions:

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Tim does not owe a duty of loyalty to StartUpCo because he is not a member of the Board of Directors

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Time owes a duty of loyalty to StartUpCo because he is a skilled employee

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Tim owes a duty of loyalty to StartUpCo because all employees owe their employer a duty of loyalty at all times

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Tim does not owe a duty of loyalty to StartUpCo because he is not the company's CEO

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