Question: Question 28 The prevailing rule is that maximizing shareholder value (or the long-term value of the corponation) is the primary duty of the Board of

Question 28 The prevailing rule is that
Question 28 The prevailing rule is that maximizing shareholder value (or the long-term value of the corponation) is the primary duty of the Board of Directors. True False Question 29 In states with "constituency statutes", When exercising their fiduciary duties to the corporation, directors are permulted but not required to weigh other considerations and interests in addition to the interests of the corporation's shareholders. True False Question 30 Under prevaling law in the U.5. directors/afficers owe the same fiduciary duties - dutv of loyalty and duty of care - to stochholders and all stakeholders of a corporation, induding customers, employees, suppliers, and surrounding communities. Divectors must weigh the interests of stochicholders and sthketholders equally For example, directors must not favor maximiting sharchalder value over the interests of its emplovees. Diectors must consider the welfare of these staketiolder groups even if doing so does not favor shaseholder interests. True: Falke

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