Can someone please tell me if my understanding of the Duty of Care versus the Duty of Loyalty is correct?
Duty of Loyalty questions arise only when there is a question that raises a potential conflict of interest. Duty of Care questions arise when a shareholder questions the business judgment of a director/officer that does not involve a conflict of interest.
(Study Tips, Dealing With Stress, Maintaining a Social Life, Financial Aid, Internships, Bar Exam, Careers in Law . . . )
1 post • Page 1 of 1
Who is online
Users browsing this forum: ladybug1989 and 8 guests