True/False
Courts have held that even if a director can prove that he or she acted in good faith,that director can still be held personally responsible for the actions of officers.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: What is the best referral system for
Q23: If a new venture is organized as
Q29: A board of advisors is an especially
Q30: A board of advisors is not exposed
Q32: Directors are expected to pay for their
Q34: The best place to start in selecting
Q35: As is the case with legal and
Q36: One advantage of owning resources during the
Q37: Entrepreneurs in high-potential start-ups should secure resources
Q39: Effective entrepreneurs are more like than others