A Director Does Not Generally Attract Liability for the Corporation's

question 25

True/False

A director does not generally attract liability for the corporation's contracts.

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Definitions:

Fundamental Attribution Error

The fundamental attribution error is a cognitive bias wherein people overemphasize personality traits and underestimate situational factors when explaining others' behavior.

Personality Traits

Enduring patterns of behavior, thought, and emotion that are characteristic and consistent in individuals.

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting beliefs, ideas, or values at the same time.

Assigned Roles

The social positions or responsibilities designated to individuals by society or in specific contexts, such as jobs or family.