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Fakhir Is a Board Member at Garfield Motors Inc

Question 46

Multiple Choice

Fakhir is a board member at Garfield Motors Inc.He is also a senior executive of the firm.The board is chaired by Ernest Jones,the CEO of Blixt Electronics.According to this scenario,Fakhir


A) cannot serve on the board of any other organization.
B) is more likely than Ernest to take care of stockholder interests.
C) is an inside director of Garfield Motors.
D) can use information from board meetings to trade stocks of Garfield Motors.

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