Essentials of Business Law 7th Edition by Anthony Liuzzo

Exercise 8

Match each of the numbered definitions with the correct term in the following list. Write the letter of your choice in the answer column.
a. articles of incorporation
b. corporation
c. duty of care
d. duty of loyalty
e. partnership
f. joint venture
g. limited liability company
h. limited partnership
i. sole proprietorship
j. subchapter S
A legal and ethical obligation placed upon a director to act diligently and prudently in conducting the affairs of the corporation.