Which of the Following Statements Is True Regarding the Board

question 42

Multiple Choice

Which of the following statements is true regarding the board of directors?

• A) The board is charged by law to act with due care.
• B) If a director or the board as a whole fails to act with due care and, as a result, the corporation is in some way harmed, the careless director or directors can be held personally liable for the harm done.
• C) Director liability insurance is often needed to attract people to become members of boards.
• D) Directors must be aware of the needs of various constituent groups to balance all their interests.
• E) all of the above

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Definitions:

Research Process

A systematic method involving the identification of a problem, collection of data, analysis, and dissemination of findings to generate new knowledge.

Analyze Results

The process of examining and interpreting data or outcomes to reach a conclusion or make decisions.

Evidence-Based Practice

A decision-making process that integrates the best available research with clinical expertise and patient values for the optimal care outcome.

Clinical Decisions

The process by which healthcare professionals make choices regarding the diagnosis, treatment, and management of a patient's medical condition.