Which of the following falls within the scope of the fiduciary duty of a director?
A) To disclose any indirect interest in contracts made with the corporation.
B) To disclose any direct interest in contracts made with the corporation.
C) To refrain from voting on any matter concerning a contract made with the corporation
D) B and C
E) All of the above.
E
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Indicate whether the statement is true or false
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A. environmental conditions B. technological factors C. production technologies D. employment levels in economy
________ are special forms of contracts that satisfy the requirements established by Article 3 of the Uniform Commercial Code (UCC)
A) Banknotes B) Negotiable instruments C) Letters of credit D) Stocks
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A. qualified B. unqualified C. adverse D. concurring