A Director Must Abstain from Voting on a Proposed Transaction

question 1

True/False

A director must abstain from voting on a proposed transaction in which he or she has a personal interest.​

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Definitions:

Location

A particular place or position, often considered in a geographical or spatial context.

Supervisee

An individual under the direction or guidance of a supervisor, often in contexts such as education, counseling, or professional training.

Supervision

The act of overseeing or directing work or workers.

Support

The assistance and encouragement provided to individuals, often helping them deal with difficulties or achieve their goals.