In What Way Are a Duty of Competence and a Fiduciary

Question 17
Multiple Choice

In what way are a duty of competence and a fiduciary duty similar? A) Both are obligations owed to a corporation's creditors. B) Both are strict liability obligations owed to external stakeholders. C) Directors are relieved from them by delegating authority to officers. D) Neither is an obligation owed by a director that can be delegated.