Multiple Choice
In Peoples Department Stores v.Wise (2004) ,244 DLR (4th) 564 (S.C.C.) ,the court noted that it may be legitimate for directors to consider inter alia the interests of shareholders,employees,suppliers,creditors,consumers,governments,and the environment.How does this ruling affect the fiduciary duty owed by directors to act in the best interests of the corporation?
A) complicating, as they are now bound to consider these outside interests
B) inconsequential, as they are not bound to consider those interests
C) duties to the corporations are confounded by duties of corporate social responsibility
D) inconsequential, as the duty owed to the corporation is relieved by social responsibility
Correct Answer:

Verified
Correct Answer:
Verified
Q8: Which of the following common law decisions
Q10: In what way do primary liability and
Q10: The senior vice president of marketing surprised
Q11: If a corporation fails to file its
Q12: Identify and briefly describe the circumstances that
Q14: A dispute has arisen between the various
Q15: With respect to liability for contractual obligations,which
Q18: Ingel is a director in MIV Inc.,a
Q18: Assessing a corporate entity's responsibility is complicated
Q36: Identify the elements that the court has