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Generally,the Board of Directors Can Be Classified as Insiders,unrelated Insiders,outsiders,and

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Generally,the board of directors can be classified as insiders,unrelated insiders,outsiders,and unrelated outsiders.


Definitions:

Component

An element or part of a larger whole, especially in systems, machines, or products, contributing to or comprising a function or structure.

Equivalent

Identical in worth, quantity, role, significance, and so on.

Consistent

Characteristics or conditions that do not contradict each other and are in harmony.

Biconditional

A logical connective between statements where both conditions imply each other; typically phrased as "if and only if".

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