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  3. Study Set
    Business and Company Law
  4. Exam
    Exam 8: PART A: Directors and Officers Duties
  5. Question
    Under the Common Law, Directors Have a Duty to Avoid
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Under the Common Law, Directors Have a Duty to Avoid

Question 7

Question 7

True/False

Under the common law, directors have a duty to avoid conflicts of interest, act in good faith and for a proper purpose and not to trade while insolvent.

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