Business Studies · Corporate Governance and Ethics
George is a director of two companies that operate in the same industry, Zip Co and Bung Co. Both Zip Co and Bung Co have recently tendered for the same contract with Jane Co. Only one company will be awarded the contract. Which statutory duty of a director is George in breach of?
- 1Avoiding conflicts of interest✓
- 2Not accepting benefits from third parties
- 3Exercising independent judgement
- 4Acting within powers
Correct answer
Avoiding conflicts of interest
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