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The Stone v. Ritter case held that Caremark liability could be appropriate where The directors act in conscious disregard of a known duty Caremark liability

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The Stone v. Ritter case held that Caremark liability could be appropriate where The directors act in conscious disregard of a known duty Caremark liability could be appropriate in all of these situations The directors breached their duty of loyalty to the corporation The directors fail to implement any reporting system or controls O The directors fail to act in good faith question 6 The Dodd-Frank Act (D-FA) and the implementing SEC regulations placed controversial requirements on publicly traded companies regarding executive compensation. Which of the following was NOT a legislatively mandated requirement: Mandated disclosure of the ratio of the CEO's annual compensation to the median annual compensation of all employees excluding the CEO. O Limitations on executive pay were imposed at all banks and financial institutions Shareholders were given non-binding votes on executive compensation packages. Recovery of compensation (or "clawbacks") previously paid to CEOs in the case of financial restatements

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