Osiris Corporation located a piece of vacant land, which it thought was a good investment for speculative purpose. Tommy Tolles, a director, approached the owner before Osiris Corporation's real estate agent did and bought the property

Tolles later resold the property for a profit. The corporation wants to take action against Tolles. What can it do?

A) Nothing as that is the competitive, free enterprise system
B) Remove Tolles from the board of directors
C) Sue Tolles for the amount of any profit
D) Prohibit Tolles from paying a dividend
E) Both B and C

E

Business

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