Author Question: Directors are under a _________ to conduct themselves on behalf of the corporation as a reasonably ... (Read 123 times)

asmith134 · **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 profit
c. duty of management d. duty of morality
e. none of the other choices are correct

Question 2

The FTC may not regulate products sold by telemarketing; those are controlled by the Federal Communications Commission.
a. True
b. False
Indicate whether the statement is true or false