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While the directors and officers of corporations are liable for breach of duty, they do have some legal defences. Which of the following defences, available
While the directors and officers of corporations are liable for breach of duty, they do have some legal defences. Which of the following defences, available under the Canada Business Corporations Act, involves the director or officer demonstrating that they made their decision based on audited financial statements or expert reports? Question 56 options: liability insurance corporate indemnity business judgment rule good faith reliance corporate diligence rule
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