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    Essentials of Business Law and the Legal Environment Study Set 1
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    Exam 35: Management Structure of Corporations
  5. Question
    An Officer or Director's Responsibility to Exercise Ordinary Care and Prudence
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An Officer or Director's Responsibility to Exercise Ordinary Care and Prudence

Question 103

Question 103

Multiple Choice

An officer or director's responsibility to exercise ordinary care and prudence in discharging duties is the:


A) duty of good faith.
B) fiduciary duty.
C) duty of diligence.
D) duty of obedience.

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