With Respect to Liability for Improper Dividends,a Non-Breaching Director and an Innocent

question 59

True/False

With respect to liability for improper dividends,a non-breaching director and an innocent shareholder are both protected from liability due to their good faith.

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Definitions:

Dispositional Attribution

Refers to the inclination to ascribe someone's behavior, actions, or outcomes to their internal characteristics or personality rather than to external factors.

Situational Attribution

The process of explaining an individual's behavior based on external factors, such as the environment or the situation, rather than personal characteristics.

Social Influences

Refers to the ways in which individuals change their behavior to meet the demands of a social environment.

Individual Differences

Variations among people in their thinking, emotion, personality, and behavior.