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What does it mean that directors have a fiduciary responsibility toward the shareholders? -They have a legal duty to act in the shareholders interests. -They

What does it mean that directors have a fiduciary responsibility toward the shareholders?

-They have a legal duty to act in the shareholders interests.

-They have a financial duty to pay the maximum legal dividend.

-They have a moral duty to share private company information.

-They have an ethical duty to participate in day-to-day operations.

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