A board of directors' fiduciary duty of loyalty requires that: ...

[panfilo]

A board of directors' fiduciary duty of loyalty requires that:
 a. directors are morally upstanding people in their personal lives b. directors do whatever is necessary to make a profit
  c. directors place the interests of the corporation before their own interests d. directors place their own interests before the interests of the corporation e. none of the other choices are correct

Question 2

The FTC may not prosecute companies that sell investment scams; that responsibility falls with the Securities and Exchange Commission.
 a. True
  b. False
  Indicate whether the statement is true or false

[kishoreddi]

Answer to Question 1

c

Answer to Question 2

FALSE

[panfilo]

Correct answers!

[kishoreddi]

Great! Please up vote