Which of the Following Is a Duty of Directors to a Corporation

question 26

Multiple Choice

Which of the following is a duty of directors to a corporation?

• A) to carefully document all the corporation's records
• B) to provide statutory safeguards for the shareholders
• C) to eliminate any conflicts of interest with the corporation
• D) to refrain from abuse of corporate opportunity
• E) to appoint an inspector for the financial statements

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Definitions:

Undershooting

The failure to achieve a targeted goal or objective, often resulting in outcomes that fall short of expectations.

Reflecting Skills

Techniques used in communication that involve mirroring the content or emotions of what another person has said to show understanding and empathy.

Summarizing

The practice of briefly stating the main points of a piece of writing, conversation, or presentation in a concise form.

Paraphrasing

A communication technique involving restating the content of a message in your own words to confirm understanding.