Prophet Inc has existed for several years.Delilah is a director,Suki is a shareholder,and Odessa is an officer.Which of the following statements is most likely to be TRUE?

Question

Quizplus · Accepted Answer

As a director, Delilah owes fiduciary duty to the company, and as an officer, Odessa also owes fiduciary duty to the company. Suki, as a shareholder, does not owe a duty of care to Delilah. Prophet Inc as an entity cannot owe a duty of care to Suki. There is no contractual relationship mentioned between Delilah and Odessa, so option E is incorrect.

Prophet Inc Has Existed for Several Years