Since the board is responsible to protect the interest of the shareholders,independence is not a necessary attribute for board members.

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Quizplus · Accepted Answer

Independence is a necessary attribute for board members because it ensures that they are not swayed by any external influences and can make decisions solely in the best interest of the shareholders. Independent board members can also provide unbiased oversight and hold management accountable for their actions.

Since the Board Is Responsible to Protect the Interest of the Shareholders,independence