Generally,a board member who is a source of information about a firm's day-to-day activities is classified as a(n):

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A board member who is a source of information about a firm's day-to-day activities is classified as an insider, as they have access to internal information and can influence the decision-making process. Outsiders are individuals who are not affiliated with the company, while related outsiders may have a connection to the company through family or business relationships. Unrelated insiders are not a recognized category.

Generally,a Board Member Who Is a Source of Information About