A director who fails to act in the best interests of a company is liable in damages to the shareholders.
Correct Answer:
Verified
Q16: The CEO of a corporation is
A)chosen from
Q17: Sometimes almost all the directors of a
Q18: Charles,a minority shareholder in a large private
Q19: Which of the following best describes the
Q20: A proceeding brought by one or more
Q22: Canadian courts have consistently held that a
Q23: A shareholder agreement to which a majority
Q24: Originally,courts did not consider insider trading as
Q25: A director or officer of a public
Q26: In a small private provincial company where
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