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It has been said that directors perform two distinct functions: of trustee and entrepreneur. As a trustee, the director must preserve and protect the assets
It has been said that directors perform two distinct functions: of trustee and entrepreneur. As a trustee, the director must preserve and protect the assets of the company (beneficiary). On the other hand, the director has to take some risk in order to maximise profits and subsequently the wealth of the shareholders. Discuss how these duties are reconciled under s228 of the Companies Act 2014
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