A Duty That Directors and Officers Have Not to Act

question 69

Multiple Choice

A duty that directors and officers have not to act adversely to the interests of the corporation and to subordinate their personal interests to those of the corporation and its shareholders is known as ________.

• A) duty of care
• B) duty of loyalty
• C) duty of obedience
• D) self-dealing

---

Definitions:

Conservatives

A political and social ideology that emphasizes tradition, established institutions, and gradual change in society rather than radical reforms.

Enlightenment

a philosophical movement of the 18th century emphasizing reason, individualism, and skepticism towards traditional societal structures and religious dogma.

Society

a group of individuals involved in persistent social interaction, or a large social grouping sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Women Sociological Theorists

refers to female scholars and thinkers who have contributed significantly to the field of sociology through their research, theories, and publications.