If the directors of Luckin Coffee Company were aware of or should have been aware of Jian Liu's activities, they would have been in violation of their fiduciary responsibilities.
Directors are the officials of the company who are responsible for the management of the company's business. They are also known as the board of directors or board members.
Fiduciary responsibilities are the duties of directors to act in the best interest of the company. These responsibilities are varied from their managerial role to planning, coordinating, and controlling the affairs of the company. Fiduciary duties allow the directors to always act in good faith and in the best interest of the company.
Therefore, the directors would have been in violation of their fiduciary responsibilities if they were are of the activities of Jian Liu.
To know more about the fiduciary responsibilities in the mentioned link:
https://brainly.com/question/27382642
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