Select the correct statement. According to CA s 181, directors owe a duty to act in good faith and in the best interest of the company. Case law interpreted this to mean:

Select one:

a. Whilst solvent, the directors must act honestly whilst carefully balancing the best interests of majority and minority shareholders

b. When nearing insolvency, the directors must act honestly and in the best interest of the creditors

c. Directors must act honestly and avoid making negligent mistakes

d. Directors must act honestly and monitor the company's financial status

e. All of these options are correct