Under the Revised Act, Brafford, a Director Who Is a Member

question 6

True/False

Under the Revised Act, Brafford, a director who is a member of the board that declares an illegal dividend, may be but is not under all circumstances personally liable to the company for the amount that is illegal even if she personally voted for the distribution contrary to the company's charter.

---

Definitions:

Interpersonal Processes

The mechanisms of interaction and communication between individuals that influence thoughts, feelings, and behaviors.

Queues

A line or sequence of people or vehicles awaiting their turn to be attended to or to proceed.

Collective Movement

A group action taken towards achieving a common goal, often used in the context of social or political activism.

Social Movement

A collective, organized effort by a large group of people to achieve a particular goal, typically aimed at social change or resisting social change.