The company ZON inc., a Quebec joint stock company, owns a luxurious apartment in downtown Montreal. This property is used to accommodate visiting business partners. Myriam is a director of ZON inc. She rented the apartment in her personal name through a private apartment rental website last summer. This allowed him to obtain the sum of $6,000 in rent. This amount was deposited into his personal bank account.

Did Myriam fail to fulfill her obligations as a director?Explain

Answer rating: 100% (QA)

As a director of a company Myriam has certain fiduciary duties which include duties of loyalty and c... View the full answer