Which of the following describes the duty of loyalty?
a. It requires managers to make decisions they reasonably believe to be in the best interest of the corporation.
b. It prohibits managers from making a decision that benefits them at the expense of the corporation.
c. It requires consideration of the interests of the surrounding community.
d. It requires using care that an ordinarily prudent person would take in a similar situation.
b
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Answer the following statement true (T) or false (F)
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What will be an ideal response?
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