A director who becomes involved in litigation because of his or her position has to pay the costs because that director was part of the decision that led to the litigation.

Name: A director who becomes involved in litigation because of his or her position has to pay the costs because that director was part of the decision that led to the litigation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Directors are often indemnified by the company for legal costs incurred due to their role, unless they acted in bad faith or breached their duties.

A Director Who Becomes Involved in Litigation Because of His