In the case, Unitrin v. American General Corp. the court employed the definition of a non-employee and non-management director to be

Question

Quizplus · Accepted Answer

An outside director is typically defined as a member of a company's board of directors who is not an employee or part of the management team. They are considered non-employee and non-management directors because they do not have a day-to-day role in the company's operations, which helps ensure their decisions are made without internal bias.

In the Case, Unitrin V