Directors Owe Duties To

question 47

Multiple Choice

Directors owe duties to:

• A) the Public.
• B) the Shareholders.
• C) the corporation.
• D) creditors of the corporation.
• E) all of the above

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Definitions:

Empathy

The ability to understand and share the feelings of another person from their point of view.

Assertiveness

A communication style characterized by confidently expressing one's feelings, needs, and rights in a direct, honest, and respectful way.

Openness

A quality or state of being open, approachable, and receptive to new ideas, experiences, or suggestions.

Coworker

An individual with whom one shares a workplace environment, often contributing to the same projects or tasks within an organization.