Self-Dealing by a Director of a Corporation Can Best Be

question 11

Multiple Choice

Self-dealing by a director of a corporation can best be described as:

• A) a duty of the director to use her own expertise whenever possible
• B) a breach of a director's duty of care
• C) a breach of a director's duty of loyalty
• D) a duty of the director to not overly rely on others
• E) a director serving on the boards of both a parent and subsidiary

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Definitions:

Nonprofits

Organizations that operate for purposes other than making profits, focusing on social, charitable, cultural, educational, or scientific goals.

Similar Organizations

Entities that share common goals, structures, or functions, often within the same industry or sector.

Nonprofit Conduct

Behaviors and practices that are considered appropriate, ethical, and effective within nonprofit organizations, focusing on mission fulfillment and accountability.

Performance Measurement

The process of evaluating the efficiency and effectiveness of actions or outputs.