Discuss the extent to which a director should be held liable for breaching his or her duty of care if he or she simply neglects to read materials regarding issues to be voted on at board meetings or neglects to show up for these meetings. Should such a person be equally or less liable than a director who knowingly votes to approve an illegal or harmful act?

Answer rating: 100% (QA)

1 The directors maybe held liable for a variety of issues wh... View the full answer