Which of the Following Is Recognized as the Primary Obligation

question 60

Multiple Choice

Which of the following is recognized as the primary obligation of directors of a corporation?

• A) That the obligation of the directors is to manage the corporation for the best interest of the corporation.
• B) That the obligation of the directors is to manage the corporation for the best interest of the officers.
• C) That the obligation of the directors is to manage the corporation for the best interest of the employees.
• D) That the obligation of the directors is to manage the corporation for the best interest of the community.

---

Definitions:

Cognitive Dissonance

The uneasy psychological state of having two or more opposing beliefs, ideas, or values concurrently.

Festinger and Carlsmith

Researchers known for their 1959 cognitive dissonance experiment which demonstrated how individuals seek consistency among their cognitions.

Counterattitudinal Behaviour

Actions that contradict one's own beliefs or attitudes, often used in experiments to explore cognitive dissonance.

Vignette

A short impressionistic scene that focuses on one moment or character and gives a trenchant impression about that character, an idea, setting, or object.