Failure of a corporate director or officer to exercise the duty of care while conducting the corporation's business is called ________.

Question

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Negligence refers to the failure of a corporate director or officer to exercise the duty of care while conducting the corporation's business. Defamation refers to damaging a person's reputation with false statements, extortion refers to the use of force or threats to obtain something from someone, and embezzlement refers to the theft of funds or property by someone who was entrusted to manage it.

Failure of a Corporate Director or Officer to Exercise the Duty