Question
a) Comment on liabilities which the directors may face, and theremedies which the company may have, in relation to the breach of directors' duties for:
a) Comment on liabilities which the directors may face, and theremedies which the company may have, in relation to the breach of directors' duties for: 1. Bona fide in company's interest
2. Act with care and skill
3. Exercise powers for proper purpose
b) Give one recommended action the company can take to strengthen its corporate governance and reduce the risk of a potential breach of directors' duties in the future.
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Law and Ethics in the Business Environment
Authors: Terry Halbert and Elaine Ingulli
8th edition
9781305177871, 1285428560, 1305177878, 978-1285428567
