The Revised Act and the majority of states hold that the officers' and directors' test of the duty of diligence requires a director or officer to discharge her duties:
A) in good faith.
B) with the care an ordinarily prudent person in a like position would exercise under similar circumstances.
C) in a manner she reasonably believes to be in the best interests of the corporation.
D) All of these.
Question 2
Forrest has a contract with Denzel to construct a new condominium complex. The contract provides that Forrest must furnish a certificate of occupancy and conformity with the local fire code before Denzel has an obligation to pay. The furnishing of the certificate is an implied in fact condition subsequent to the construction of the building.
Indicate whether the statement is true or false
Urease Test
The United States and Its Territories, 1787–1802
Keep Calm and Do the Practice Test
Cards Used in a Socially Situated Version of the Problem-Solving Test
Hold hand around thumb and little finger and apply broadening strokes across the metacarpals. Press ...
Examples of Muds and Clays from the United States and Around the World