Which of the following isfalseregarding the duty of due care and diligence imposed on directors and officers of a corporation?

Multiple Choice

• The greater the actual qualifications of the individual, the greater the level of the duty that would be expected.
• The MBCA standard requires officers to personally investigate all facets of decisions and prohibits reliance on the opinions of others.
• Directors and officers may be liable to the corporation for failure to act with due care and diligence.
• The duty of care requires that directors and officers make a reasonable investigation before making any corporate decisions.