Because of officers' positions within the corporation, they can be held liable for negligence if their failure to exercise due care results in harm to the firm.

Question

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Officers of a corporation have a duty of care to the corporation and can be held personally liable for negligence if their actions or failure to act in their role causes harm to the company. This is because they are expected to act in the best interest of the corporation and its shareholders.

Because of Officers' Positions Within the Corporation, They Can Be