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Martin Is a Newly Elected Director of the Alliance Corporation

Question 2

Multiple Choice

Martin is a newly elected director of the Alliance Corporation.After being told of what would be expected of him,he is not sure he wants the position.However,upon investigating,he finds out that the only thing he will be liable for is


A) employee wages if the corporation becomes insolvent.
B) to attend all regularly scheduled board of director meetings.
C) to exercise a high standard of care,diligence,and skill.
D) to act with the professional standards of a director.
E) to study items on the agenda before each director's meeting.

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