Jeremy is an elected member of the board of directors of the same corporation where Johanna holds the position of chief financial officer.Their positions require each of them to uphold their fiduciary duties to act honestly and in good faith with regard to the best interests of the corporation.

Question

Quizplus · Accepted Answer

Both board members and executive officers like a chief financial officer have fiduciary duties to the corporation, which include acting in the best interests of the corporation and its shareholders, and doing so with honesty and good faith.

Jeremy Is an Elected Member of the Board of Directors