Multiple Choice
Which of the following would be likely to result in liability to a director of a textile company?
A) The director sells stock in the textile company before a merger is announced.
B) The director agrees to hire as president a man he has not personally investigated.
C) The director owns stock in an automobile company.
D) All of these would result in the director's liability.
Correct Answer:
Verified
Correct Answer:
Verified
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