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With Regards to Corporate Boards of Directors, the Purpose of New

Question 59

Multiple Choice

With regards to corporate boards of directors, the purpose of new legislation passed by the Ontario Securities Commission and the Canadian Dealers Association is to __________.


A) restrict board activities to corporate governance issues only
B) establish more independent functioning boards
C) remove limits on liabilities of shareholders if they are involved in illegal practices
D) restrict board membership to only those who have a vested interest in the success of the company
E) All of the answers are correct.

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