An Officer or Director's Responsibility to Exercise Ordinary Care and Prudence

question 27

Multiple Choice

An officer or director's responsibility to exercise ordinary care and prudence in discharging duties is the:

• A) duty of good faith.
• B) duty of diligence.
• C) fiduciary duty.
• D) duty of obedience.

---

Definitions:

Sales Presentation

A comprehensive display or explanation aimed at persuading potential buyers about a product’s or service's value, tailored to address their specific needs and preferences.

Basic Communication Model

A framework that outlines the communication process through elements such as sender, message, medium, receiver, and feedback.

Nonverbal Expressions

Communication without words, including gestures, facial expressions, body language, and other forms of expressing feelings or reactions.

Intimate Space

The physical area immediately surrounding an individual, into which intrusion can feel uncomfortable or threatening unless there's a close relationship.