While officers, as agents of a corporation, owe an agent's duty of obedience, diligence, and loyalty to the corporation, this is not true of directors.

Name: While officers, as agents of a corporation, owe an agent's duty of obedience, diligence, and loyalty to the corporation, this is not true of directors.
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Question

Quizplus · Accepted Answer

Directors also owe duties of obedience, diligence, and loyalty to the corporation, similar to officers, as part of their fiduciary responsibilities.

While Officers, as Agents of a Corporation, Owe an Agent's