A director or corporate officer who does not attend board meetings regularly would be in violation of ________.

Question

Quizplus · Accepted Answer

The duty of care requires directors and officers to attend board meetings regularly, to remain informed about the company's operations, and to make informed decisions in the company's best interests. Failing to attend board meetings regularly would be a violation of this duty. Self-dealing refers to situations where a director or officer uses their position for personal gain, the business judgment rule protects directors and officers from liability for business decisions made in good faith, and the alter ego doctrine is a legal theory used to pierce the corporate veil and hold individuals personally liable for the actions of a corporation.

A Director or Corporate Officer Who Does Not Attend Board