Both Directors and Officers of Corporations Are Fiduciaries for the Shareholders

Multiple Choice

Both directors and officers of corporations are fiduciaries for the shareholders. Fiduciaries are persons placed in positions of trust that act on behalf of the best interests of the organization. This is defined as

A) duty of oversight and loyalty.
B) duty of care or a duty of diligence
C) duty of control and audit.
D) duty of confidence and leadership.
E) duty of analysis and insight.