Author Question: Directors are under a______to conduct themselves on behalf of the corporation as a reasonably ... (Read 97 times)

jman1234 · **on:** Jun 24, 2018

Directors are under a______to conduct themselves on behalf of the corporation as a reasonably prudent person in the conduct of personal business affairs.
a. duty of reasonability
b. duty of care
c. duty of management d. duty of morality
e. duty of profit

Question 2

The FTC may sue a company for an unfair act that is not deceptive.
a. True
b. False
Indicate whether the statement is true or false