Chapter 39 Discussion
PROMPT
Reference the portion of your text book on "DIRECTORS' RIGHTS" set forth on pages 253-254. In that portion of text we learn that in some corporations, directors can determine their own compensation. We know from the text that Directors owe a fiduciary duty to the corporation. Discuss whether you think Directors can properly decide to pay themselves from corporate funds while still fulfilling their fiduciary duty to the corporation.
INSTRUCTIONS
Make an initial post that is responsive to the above prompt.
Your post must be between 200-500 words.
- Initial response to discussion question(s) due first
- Two replies to other students’ postings due when i give you to replies
chapter video
https://www.youtube.com/watch?v=wmErk8hwU9c&feature=youtu.be