ACCA · Question 56 · Management, administration and the regulation of companies
Scenario: 'Quantum Lithography PLC' manufactures microchips. The CEO, David, secretly sets up a rival consulting firm and diverts a lucrative government contract away from Quantum to his new firm. Another director, Fiona, fails to declare her 30% shareholding in a company that Quantum just signed a major supply contract with.
Question: What is the primary civil remedy Quantum Lithography PLC will seek against David to recover the money he made from the diverted contract?
Answer options:
Specific performance.
An account of profits.
A fine payable to Companies House.
Rescission of David's employment contract.
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