A Director Is a Fiduciary of a Corporation

question 40

True/False

A director is a fiduciary of a corporation.

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Definitions:

Motivation Factors

The various internal and external factors that stimulate the desire and energy in people to be continually interested and committed to a job, role, or subject.

Hygiene Factors

Elements related to the job environment that do not increase job satisfaction but, if absent, can lead to dissatisfaction.

Job Satisfaction

A measure of workers' contentedness with their job, including aspects like the nature of the work, and their perception of the organization.

Hygiene Factors

Elements related to the work environment, such as salary, company policies, and working conditions, that don't inherently motivate but can cause dissatisfaction if inadequate.