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Which of the following statements best describes the role of the board:
What does the board of a private company do?
Read the following statements. (Which six are true? You will receive a point for every correct answer)
Whom does the board serve?
A board can be described the owners’:
From the following list select the fiduciary duties of an independent board. (Select four. You will get a point for each answer you get correct)
Can a private company owner also be a company executive. Please answer yes or no.
Can a private company owner also sit on the company board? Please answer yes or no.
Which of the following are the responsibilities of the Nom/Gov committee?
You are a fiduciary steward required to act in the best interests of the company on behalf of the owners, avoiding conflicts of interest. Which duty are you discharging?
What attributes do you associate with a high-performance board? (Select three. You will get a point for every correct answer)
Complete the following sentence with the best word from the list below: Independent directors add ___________ to the board’s discussion and decision-making.
Which of the phrases below is a good colloquial description of Duty of Care?
How does the business judgment rule affect directors?
Is D&O liability insurance mandatory for private company boards in the U.S.?