Directors Have a Personal Liability for All of the Following

question 42

Multiple Choice

Directors have a personal liability for all of the following except

• A)losses from a corporate ultra vires act.
• B)failure to make filings under corporate legislation.
• C)employee wages outstanding on bankruptcy.
• D)dividends that impair the corporate capital.
• E)None of the responses are correct.

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Definitions:

Tensions Control

The management and regulation of stress, conflict, or strain within an individual or between groups to maintain stability and performance.

Difficult Situations

Challenging or problematic circumstances that require careful thought and handling.

Cognitive Strategy

Techniques or methods employed to facilitate problem-solving or learning by addressing the way one thinks.

Stress Management

Techniques and strategies used to control an individual's stress levels, helping them to remain productive and reduce the negative health effects of stress.