Olivia is a director of Property Managers Inc. As a director, with respect to the corporation, Olivia is
A) a fiduciary.
B) an actuary.
C) momentary.
D) statuary.

Name: Olivia is a director of Property Managers Inc. As a director, with respect to the corporation, Olivia is A) a fiduciary. B) an actuary. C) momentary. D) statuary.
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Question

Quizplus · Accepted Answer

Directors of a corporation, like Olivia, are fiduciaries. They have a legal obligation to act in the best interests of the corporation and its shareholders.

Olivia Is a Director of Property Managers Inc