A Director Is Disqualified from Taking Part in Corporate Action

question 13

True/False

A director is disqualified from taking part in corporate action with respect to a matter in which the director has a disclosed conflicting interest.

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Definitions:

Punctuation Mark

Symbols used in writing to clarify meaning by indicating separation of words into sentences, clauses, etc.

Enclose

To surround or close off on all sides; often used in the context of sealing a space or containing an object.

Statement

A declaration or expression of an idea, opinion, or factual information.

Punctuation Mark

Symbols used in writing to clarify meaning and separate linguistic units, such as periods, commas, and question marks.