The decision in ASIC v Gallagher (1993) 11 ACLC 286 was that non-executive directors of a company:
A) May rely on other directors providing them with important information.
B) Have a duty to inform themselves so that they can make independent judgments.
C) Must investigate all matters requiring their approval when they have been put upon enquiry.
D) All of the above.
Correct Answer:
Verified
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