The Officers and the Directors Are Fiduciaries of the Corporation

question 91

True/False

The officers and the directors are fiduciaries of the corporation, but the business judgment rule may preclude liability on officers and directors for honest mistakes of judgment.

---

Definitions:

Premature Birth

Occurs when a baby is born before 37 weeks of pregnancy have been completed; often associated with higher risks of complications and developmental issues.

Spinal Cord Defects

Abnormalities in the spinal cord's structure or function, which can lead to varying degrees of physical disability and neurological problems.

Criminal Sanctions

Legal penalties imposed for violations of criminal laws, intended to deter crime and rehabilitate offenders.

Prenatal Care

Medical and health management provided to expectant mothers during pregnancy to monitor fetal development and ensure the health of both mother and child.