The duty of care for directors under Canadian law requires them to act

The duty of care for directors under Canadian law requires them to act

The duty of care for directors under Canadian law requires them to act:

A. As a reasonably prudent person in similar circumstances

B. With perfect judgment and no errors

C. In the sole interest of majority shareholders

D. Without relying on external experts

Answer: A

Explanation: Duty of care is an objective standard – reasonable prudence, diligence, and skill; it does not require perfect judgment.