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Alex is a director of ABC, Inc. Alex wants to personally make a major purchase from Bravo Co. If it knew of the opportunity, ABC might be also...

Alex is a director of ABC, Inc. Alex wants to personally make a major purchase from Bravo Co. If it knew of the opportunity, ABC might be also interested in making that same purchase. Alex must:
a. advise the boards of both corporations of his conflict of interest.
b. first offer the opportunity to make the purchase to the disinterested directors of ABC or its shareholders.
c. resign from the board of directors.
d. abandon the idea of making the purchase himself.

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