Which of the following is recognized as the primary obligation of directors of a corporation?
A) That the obligation of the directors is to manage the corporation for the best interest of the corporation.
B) That the obligation of the directors is to manage the corporation for the best interest of the shareholders.
C) That the obligation of the directors is to manage the corporation for the best interest of the employees.
D) That the obligation of the directors is to manage the corporation for the best interest of the community.
Correct Answer:
Verified
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