Which of the Following Is False Regarding Corporate Decisions That

question 65

Multiple Choice

Which of the following is false regarding corporate decisions that might personally benefit a particular director or officer?

• A) There must be full disclosure of the interest by a director who might personally benefit from a corporate decision.
• B) There must be full disclosure of the interest by an officer who might personally benefit from a corporate decision.
• C) The director to benefit may vote on the issue although a majority of all directors must approve the transaction.
• D) The duty to disclose an interest that might personally benefit a director is a fiduciary duty.
• E) The duty to disclose an interest that might personally benefit an officer is a fiduciary duty.

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Niche Audiences

Specific, targeted groups of consumers that have distinct preferences or needs that differentiate them from the broader market.

Traditional Media

Forms of mass communication that have been widely used for decades, such as television, radio, newspapers, and magazines.

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