[Solved] 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.

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