To exercise the minimum standard of care, directors and officers must, among other things:

Select one:

a.All of the above is correct.

b.Acquire a basic understanding of the business and be familiar with the fundamentals of the business, make sufficient enquires to inform business decisions.

c.None of the above are correct.

d.Stay informed about the activities of the company, not ignore any misconduct of the company and be familiar with the financial status of the company by reviewing financial statements.