Directors all have duties of due care to the company,
A) but are not liable for any sub-committee decisions.
B) and cannot delegate decisions regarding dividends and mergers
C) and are personally liable for criminal acts by managers whom they appoint
D) but may delegate decisions to one or more directors and avoid liability
E) a and d
Correct Answer:
Verified
Q18: An officer of a corporation may be
Q19: Regular voting is also known as _
Q20: The doctrine of ultra vires only applies
Q21: Differentiate a voting agreement from a voting
Q22: _ is a method whereby a shareholder
Q24: G&C Inc. has outstanding 10,000 shares with
Q25: In the context of corporate powers and
Q26: A corporation may effectively limit the liability
Q27: a(n. _ is a situation where directors
Q28: What is a preemptive right?
A) It is
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