【分析解答题】

Cy is a member of the board of directors ofDix plc, a construction company.He also has a significant shareholding in Fox Ltd, a company specialising in supplying building material. Last yearDix plc entered into a contract to buy a large consignment of concrete from Fox Lt

D、Cy attended the board meeting which approved the contract and voted in favour of it, without revealing any link with Fox Lt
D、The contract price was substantially above the market price and Fox Ltd made a considerable profit on the contract.Required:In the context of directors’ duties, adviseDix plc whetherCy has breached any of his directors’ duties, and as to any action which might be taken against him. (10 marks)