The primary difference between outside and inside members of the board of directors is that Blank$\_\_\_\_\_\_.$

Multiple choice question.

outside directors are not employees of the firms, whereas inside directors are

outside directors manage employees outside of the United States, whereas inside directors handle U$.$S$.-$based operations only

inside directors have a fiduciary duty to act in the interest of shareholders, whereas outside directors are not

outside directors do not have voting rights on major company decisions, whereas inside directors do