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    Business
  3. Study Set
    Smith and Robersons Business Law
  4. Exam
    Exam 34: Financial Structure
  5. Question
    With Respect to Liability for Improper Dividends,a Non-Breaching Director and an Innocent
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With Respect to Liability for Improper Dividends,a Non-Breaching Director and an Innocent

Question 59

Question 59

True/False

With respect to liability for improper dividends,a non-breaching director and an innocent shareholder are both protected from liability due to their good faith.

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