The Delegate Model Holds That Representatives

question 26

Multiple Choice

The delegate model holds that representatives:

• A)should cooperate with all other representatives, regardless of partisan ties
• B)should mirror the interests of their constituents
• C)should oppose executive action
• D)should not be willing to serve more than one term

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Definitions:

Affiliated Directors

Affiliated directors are board members who have a relationship with the corporation outside of their directorship, which may influence their decisions, such as being an employee, supplier, or significant shareholder.

Publicly Held Corporation

A corporation whose shares are publicly traded on stock exchanges and owned by members of the public.

Revised Act

Legislation that has been updated or amended to incorporate new information, correct errors, or reflect changes in law or policy.

Derivative Suit

A lawsuit brought by a shareholder on behalf of a corporation against a third party, often the corporation's executives or directors, for wrongs committed against the corporation.