What is the standard of care of directors under the Canada Business Corporations Act? To exercise the care, diligence and skill that
A) an experienced professional would exercise in comparable circumstances.
B) a reasonably prudent person would exercise in comparable circumstances.
C) a reasonable professional would exercise in comparable circumstances.
D) an experienced director would exercise in comparable circumstances.
E) the ordinary qualified director would exercise in comparable circumstances.
E
Business
You might also like to view...
In responding favorably to a claim even though the customer was at fault, what should you try to accomplish in the body of your message?
What will be an ideal response?
Business
Translation principles in many countries require the use of historical exchange rates for current assets, current liabilities, and income accounts
Indicate whether the statement is true or false.
Business