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Koto,a Successful Accountant,has Been Invited to Join the Board of Directors

Question 26

Multiple Choice

Koto,a successful accountant,has been invited to join the board of directors of Big Corp.Koto is concerned that she will face personal liability for her decisions while on the board of Big.Big Corp.can limit Koto's liability at this point in time by including:


A) protective measures in its corporate charter.
B) voluntary protective measures in its bylaws.
C) voluntary protective measures in its articles of organization.
D) protective measures in the members' agreement.

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