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8. (True/False) Directors and officers can be held liable for decisions that harm the company even if they were acting in good faith at the

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8. (True/False) Directors and officers can be held liable for decisions that harm the company even if they were acting in good faith at the time of the decision. 9. (True False) Shareholders have the right to petition the court to dissolve the corporation if assets are being wasted or used improperly. 10. (True False) Compensation, participation, inspection, and indemnification are the rights of directors. 11. Vouchers issued to shareholders entitling them to a given number of shares are known as 12. (True False) Shareholders have the right of first refusal when shares are offered for resale by a shareholder

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