Bernard is a board member at Lopez Electronics Inc. He is also a senior executive of the firm. The board is chaired by Ernest Jones, the CEO of Stanley Motors. According to this scenario, Bernard
A) cannot serve on the board of any other organization.
B) is more likely than Ernest to take care of stockholder interests.
C) is an inside director of Lopez Electronics.
D) can use information from board meetings to trade stocks of Lopez Electronics.
Correct Answer:
Verified
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