The Obligation That Requires Certain People Within a Corporation to Act

The obligation that requires certain people within a corporation to act honestly and in good faith when discharging other responsibilities

A) is known as the duty of care.
B) was recently abolished because it often prevented the sort of calculated risks that can generate large profits.
C) arises under the common law, and not under statute.
D) imposes liability only if a breach causes the corporation to suffer a loss.
E) is broken when a person with this obligation enters into a transaction with the corporation unless certain requirements are met.