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> Like any company Apple is obligated to maximize their profits Not true; fiduciary duty requires you to act in a manner "reasonably believed to be in the best
by llimllib 17y ago
> Like any company Apple is obligated to maximize their profits
Not true; fiduciary duty requires you to act in a manner "reasonably believed to be in the best interests of the corporation", which does not mean "reasonably believed to maximize profits".