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https://quizlet.com/193297603/corporate-officers-flash-cards/
https://quizlet.com/124560787/corporation-law-corporate-officers-flash-cards/
Who are the corporate officers falling within the business judgment power of the BOD? 1. President 2. Treasurer 3. Secretary ... Other Quizlet sets. Physiology: Chapter 9 Part 1 (Powerpoint) 185 terms. olivia_simkins8. 3120-Unit 4, Convers.Artic Testing. 29 terms. moochaz. AP World Unit 3. 25 terms.
https://quizlet.com/81786133/corporate-directors-officers-and-shareholders-flash-cards/
Corp director or officer will not be liable to the corp or to its shareholders for honest mistakes of judgment and bad business decisions. WILL APPLY AS LONG AS: 1. Director took reasonable steps to become informed about the matter 2. He or she had a rational basis for the decision 3. There was no conflict of interest and that of the corporation.
https://quizlet.com/270197970/ch-40-corporate-directors-and-officers-flash-cards/
(4) authorize corporate transactions detrimental to minority shareholders without their approval, (5) use corporate funds or confidential information for their own personal gain, (6) engage in self-dealing (i.e., vote on corporate action so as to maximize one's own personal benefit), or (7) sell control of the corporation without shareholder ...
https://quizlet.com/133984986/corporate-directors-officers-and-shareholders-flash-cards/
A. Directors are entitled to: 1. Participate in board meetings and receive reasonable notice of board meetings, 2. Vote on corporate matters; 3. Inspect corporate books and records; 4. Indemnification from corporation for legal fees and expenses incurred defending claims and if judgment entered against them.
https://quizlet.com/118882621/business-law-corporate-directors-officers-flash-cards/
Directors and officers may not: 1. compete with the corporation, or otherwise usurp a corporate opportunity 2. have a conflict 3. engage in insider training 4. authorize corporate transaction detrimental to minority shareholders without their approval 5. use corporate funds or confidential information for their own personal gain 6. engage in ...
https://quizlet.com/257105656/company-officer-flash-cards/
Incident Management for the Street-Smart Fire Offi…. 65 terms. burnzy1970. Company Officer CHPT 1. 9 terms. burnzy1970. Other Quizlet sets. Final Exam Study Guide.
https://quizlet.com/394258179/business-ch-5-flash-cards/
A (n) ________ is an unincorporated company owned by two or more people. partnership. In the United States, a corporation is called a domestic corporation if it ________. does business only in the state where it is chartered. Which of the following business structures is the most complicated and expensive?
https://www.stimmel-law.com/en/articles/corporate-officers-duties-and-fiduciary-responsibilities
The Three Basic Types of Fiduciary Duties. Most states, including California, maintain three basic fiduciary duties. 1) Duty of Care – directors and officers must use care and be diligent when making decisions on behalf of the corporation and its shareholders (who are the true owners of the corporation). Directors and officers meet their duty ...
https://www.upcounsel.com/corporate-officer-definition
Corporate officers are high-level management executives hired by the business's owner or board of directors. Examples include the organization's chief executive officer (CEO), chief financial officer (CFO), treasurer, president, vice president, and secretary. Officers can also be shareholders and directors but don't necessarily have to be.
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