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In the context of the legal duties imposed on board members by U.S. law, which of the following are required by the duty of loyalty?
In the context of the legal duties imposed on board members by U.S. law, which of the following are required by the duty of loyalty? (Check all that apply.) Multiple select question. Directors should be disinterested and reasonably informed and rationally believe the decisions made are in the firm's best interest. Directors may rely on information and opinions only if they are prepared or presented by corporate officers, employees, or a board committee. Conflicts of interest should always be resolved in favor of the corporation. Board members may never use information obtained through their positions as board members for personal gain
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