Directors of a company have a dual role, as agents of the company and __________
Directors are conventionally described as agents of the company and trustees in relation to the company’s property and powers entrusted to them. Their fiduciary obligations…
Choose your answer
Directors of a company have a dual role, as agents of the company and __________
Answer and explanation
Correct answer A
Directors are conventionally described as agents of the company and trustees in relation to the company’s property and powers entrusted to them. Their fiduciary obligations require them to use those powers for the company’s benefit.
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