Roy, a Director of Service & Sales Corporation, Does Not

question 54

Multiple Choice

Roy, a director of Service & Sales Corporation, does not attend a board meeting for three years. During that time, Terry, the firm's president, makes improper loans that cost the company $10 million. Roy is most likely liable for breach of​

• A) ​the business judgment rule.
• B) ​the duty of care.
• C) ​the duty of loyalty.
• D) ​none of the choices.

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