The fiduciary duty of the corporation's directors and officers includes all of the following, EXCEPT: 1. To
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- The "fiduciary duty" of the corporation's directors and officers includes all of the following, EXCEPT:
- 1. To indemnify the corporation for all its losses regardless of the cause
- 2. To avoid conflicts of interest with the corporation
- 3. To keep confidential all information acquired about the corporation
- 4. To act in the best interests of the corporation (no hidden selfish motives or self-dealing)
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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