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A Director May Make Business Decisions in Reliance on Information

Question 101

Multiple Choice

A director may make business decisions in reliance on information provided to him without incurring liability for negligence as long as he:


A) notifies the preparer of the information.
B) is given a sworn affidavit by the preparer.
C) reasonably believes that the information is reliable.
D) conducts his own independent investigation.

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