A corporate director or officer may comply with his/her duty of care by doing all of the following, except: O 1) engaging in illegal activity that injures the corporation. O 2) making informed decisions. 3) using the same degree of care that an ordinary prudent person would in a similar situation. 4) making decisions that have a rational business purpose.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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A corporate director or officer may comply with his/her duty of care by doing all of
the following, except:
O 1) engaging in illegal activity that injures the corporation.
2) making informed decisions.
3) using the same degree of care that an ordinary prudent person would in a
similar situation.
4)
making decisions that have a rational business purpose.
Transcribed Image Text:A corporate director or officer may comply with his/her duty of care by doing all of the following, except: O 1) engaging in illegal activity that injures the corporation. 2) making informed decisions. 3) using the same degree of care that an ordinary prudent person would in a similar situation. 4) making decisions that have a rational business purpose.
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