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    Managers and the Legal Environment
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    Exam 20: Directors Officers And Controlling Shareholders
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    The Obligation to Act in Good Faith Establishes an Independent
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The Obligation to Act in Good Faith Establishes an Independent

Question 47

Question 47

True/False

The obligation to act in good faith establishes an independent fiduciary duty that stands on the same footing as the duties of care and loyalty.

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