The corporate opportunity doctrine states that

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Reference no: EM131279425

The corporate opportunity doctrine states that:

(a) corporate officers, directors and agents cannot take personal advantage of business opportunities that should belong to the corporation;

(b) corporate officers and directors are not liable for honest mistakes that arise from good-faith exercise of judgment;

(d) ownership in a corporation entitles the owner to vote on corporate matters.

Reference no: EM131279425

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