Fiduciary duties Flashcards
1
Q
if you act without information, that falls under which case?
A
smith vs. van gorkem (duty of care)
2
Q
acting without adequate information is part of which fiduciary duty?
A
duty of care
3
Q
what fiduciary duties does a controlling shareholder owe?
A
the same duties as a director
4
Q
is demand required for a direct suit?
A
no
