Which of the following legal duties of board members suggests that a director does not need to be an expert or actually run the company?

Question

Quizplus · Accepted Answer

In duty of care, board members are directed to use their "business judgment as prudent caretakers": the director is expected to be disinterested and reasonably informed, and to rationally believe the decisions made are in the firm's best interest. The bottom line is that a director does not need to be an expert or actually run the company!

Which of the Following Legal Duties of Board Members Suggests