A director must always vote on a proposed transaction in which he or she has a personal interest.
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Q5: The initial board of directors of a
Q5: Directors are not expected to act in
Q6: Publicly held corporations typically create committees of
Q7: The minimum number of members of a
Q11: The ordinary rules of agency normally apply
Q13: A director or officer must exercise due
Q14: The board of directors is the ultimate
Q15: A director can be elected by the
Q16: Any individual director can act as an
Q17: Each director present at a board meeting
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