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Insurance Coverage for Officers and Directors of a Corporation Should

Question 21

Multiple Choice

Insurance coverage for officers and directors of a corporation should include indemnification, to the extent possible by law, for all liabilities and expenses including ___________.


A) when it can be shown that the trustee failed to act in good faith
B) those that are not reasonably incurred as the result of any legal proceeding stemming from and within the scope of his or her responsibilities
C) when it can be shown that the trustee acted in good faith and within the scope of his or her responsibilities
D) all of the above

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