Board members who are not employed by the corporation, but handle the legal or insurance needs of the firm and are thus not True "outsiders," are what kind of directors?

Question

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Affiliated directors are individuals who have some connection or affiliation with the corporation but are not employed by it, such as lawyers or insurance agents. They are not considered true outsiders since they are still connected to the corporation, but they are not part of the management team. Therefore, A) affiliated directors is the best choice in this scenario.

Board Members Who Are Not Employed by the Corporation, but Handle