Directors Are Under a ____ to Conduct Themselves on Behalf

question 82

Multiple Choice

Directors are under a ____ to conduct themselves on behalf of the corporation as a reasonably prudent person in the conduct of personal business affairs.

• A) duty of reasonability
• B) duty of profit
• C) duty of management
• D) duty of morality
• E) none of the other choices are correct

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Definitions:

Deep-Level Diversity

Differences between individuals at a more profound level, including values, beliefs, and attitudes, as opposed to observable characteristics.

Attitudes

A learned predisposition to respond in a consistently favorable or unfavorable manner with respect to a given object.

Personality

The blend of traits or attributes that shape a person's unique personality.

Stereotyping

The act of attributing specific behaviors or characteristics to individuals based solely on their membership in a particular group.