Insurance Coverage for Officers and Directors of a Corporation Should

question 18

Multiple Choice

Insurance coverage for officers and directors of a corporation should include indemnification, to the extent possible by law, for all liabilities and expenses including ___________.

• A) when it can be shown that the trustee failed to act in good faith
• B) those that are not reasonably incurred as the result of any legal proceeding stemming from and within the scope of his or her responsibilities
• C) when it can be shown that the trustee acted in good faith and within the scope of his or her responsibilities
• D) all of the above