D Question 14 4 pts As fiduciaries, corporate officers and directors cannot use their position of trust and confidence to further their own private interests, and they must refrain from actions that injure the corporation. True False D Question 15 4 pts Where a corporation has a major shareholder and minority shareholders, the directors and officers have a fiduciary duty to act in the best interests of the major shareholder. True dule False D Question 16 4 pts Single-member LLCs are treated as sole proprietorships for purposes of liability protections for members. True False D Question 17 4 pts The primary difference between an LLC and a corporation is that, unlike shareholders in a corporation, LLC members are not protected from personal liability with respect to business creditors. True False