Failure of a Corporate Director or Officer to Exercise the Duty

question 39

Multiple Choice

Failure of a corporate director or officer to exercise the duty of care while conducting the corporation's business is called ________.

• A) defamation
• B) negligence
• C) extortion
• D) embezzlement

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Definitions:

Support

Assistance or backing provided to someone or something, often aimed at solving a problem or enhancing capabilities.

Sales Message

A communication designed to persuade a potential customer to purchase a product or service.

Marketing Message

The core idea or message that a company wants to convey to its target audience through marketing efforts.

Financial Value

Financial value quantifies the monetary worth of an asset, service, or company, often gauged through pricing, market demand, and investment return.