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50 investors get together and invest $1 million to open a store and stock it with inventory. They hire one store clerk and one manager. They elect a board of di
by cylinder 9y ago
50 investors get together and invest $1 million to open a store and stock it with inventory. They hire one store clerk and one manager. They elect a board of directors.
The board in this case should have a fiduciary responsibility to the two employees over the investors? Really?
- hinkley 9y agoThat’s a spectacular man of straw you’ve made there. 50 people aren’t going to get together to dream up a two person shop.