ethics civics MCQ #76

Directors' responsibilities are unlikely to include:

ethics civics MCQ #76

  1. Question 1

    Q1. Directors' responsibilities are unlikely to include:

    • A) a duty to keep proper accounting records
    • B) a fiduciary duty
    • C) a duty to propose high dividends for shareholders
    • D) a duty of care

    Answer: a duty to propose high dividends for shareholders

    Explanation: Directors have a fiduciary duty, a duty of care, and a duty to maintain proper accounting records; proposing high dividends is a shareholder desire, not a legal duty of directors.