Holly is a director of International Gourmet Spices, Inc. As a director, with respect to the corporation, Holly is

Question

Holly is a director of International Gourmet Spices, Inc. As a director, with respect to the corporation, Holly is​

Quizplus · Accepted Answer

As a director, Holly has a fiduciary duty to act in the best interest of the corporation and its shareholders. Fiduciary duty means that Holly must act with loyalty, good faith, and due care in her position as a director. Being an incorporator means someone who was involved in forming the corporation, while an officer is an employee who manages the day-to-day operations of the corporation. Therefore, the best answer is A.

Holly Is a Director of International Gourmet Spices, Inc