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Most States, as Well as the Revised Act, Hold That

Question 78

Multiple Choice

Most states, as well as the Revised Act, hold that the test for the duty of diligence requires a director or officer to discharge corporate duties:

A) in good faith.
B) with a high degree of care.
C) without a conflict of interest.
D) through a named attorney or legal firm.
E) All of these.

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