Biology

Biology, 13.07.2019 05:30, chefdnguyen

Directors and officers have a fiduciary duty of care. a. true b. false

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Business, 20.09.2019 23:30, raquelqueengucci25

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 diligencec) duty of control and audit.d) duty of confidence and leadership.e) duty of analysis and insight.

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The agency relationship is a fiduciary relationship based upon trust, and each party owes the other the duty act with the utmost good faith. true or false?

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Under the uniform limited liability company act (ullca), managers in a manager-managed llc owe fiduciary duties, such as the duty of loyalty and the duty of care, to the llc and its members just as corporate directors and officers owe fiduciary duties to the corporation and its shareholders.( true/false)

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