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
The extent of acid rain in the United States has decreased.
Blood glucose measurement. A postprandial test may be self-administered. (a) A lance pierces the ski
The Mantoux tuberculin skin test. Positive reaction.
Step Test for Cardiovascular Endurance.
Apply thumb strokes on foot bottom and toes. Hold the baby’s foot bottom-up and use thumbs to ...
Decomposition of Productivity Gap Between India and the United States