Match the following terms with their definitions: ___ A. Duty of loyalty ___ B. Duty of care
Question:
___ A. Duty of loyalty
___ B. Duty of care
___ C. Promoter
___ D. Incorporator
___ E. Registered agent
1. Requires managers to act in the best interests of the corporation
2. The company’s representative in its state of incorporation
3. Someone who organizes a corporation
4. The person who prepares and files the charter
5. Prohibits managers from making a decision that benefits them at the expense of the corporation
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Related Book For
Introduction To Business Law
ISBN: 9780324826999
3rd Edition
Authors: Jeff Rey F. Beatty, Susan S. Samuelson
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