In Cases Where an Officer or Director Has Been Found

question 28

Multiple Choice

In cases where an officer or director has been found guilty of a crime,he/she may be indemnified under voluntary indemnification if:

• A)he/she had reason to believe that his/her conduct was unlawful.
• B)he/she acts in bad faith.
• C)he/she acted in a manner that he/she believed not to be opposed to the corporation's best interests.
• D)he/she prevails on the merits of the suit against him/her.

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