Corporate officers and directors owe no duty to individual shareholders.
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Q3: All directors must be present before a
Q4: Corporate shareholders are the ultimate authority in
Q5: In many corporations,the directors are also the
Q6: A director usually serves on a corporation's
Q8: In most states,a director cannot be removed
Q11: Officers are required to exercise a reasonable
Q12: An individual director does not act as
Q13: Incorporators appoint a corporation's first board of
Q14: A board of directors cannot conduct business
Q28: Corporate directors and officers are insurers of
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