The Revised Act and the majority of states hold that the officers' and directors' test of the duty of diligence requires a director or officer to discharge her duties:
A) in good faith.
B) with the care an ordinarily prudent person in a like position would exercise under similar circumstances.
C) in a manner she reasonably believes to be in the best interests of the corporation.
D) All of these.

Question

Quizplus · Accepted Answer

The duty of diligence requires a director or officer to discharge her duties in good faith, with the care an ordinarily prudent person in a like position would exercise under similar circumstances, and in a manner she reasonably believes to be in the best interests of the corporation. Therefore, all of these options are the correct answer.

The Revised Act and the Majority of States Hold That