Under CBCA, directors may be indemnified by the company for legal costs if

Under CBCA, directors may be indemnified by the company for legal costs if

Under CBCA, directors may be indemnified by the company for legal costs if:

A. They acted dishonestly and breached fiduciary duties

B. They acted in good faith and in the best interests of the company

C. The lawsuit is brought by minority shareholders

D. The company is insolvent

Answer: B

Explanation: Indemnification is permitted for directors who act in good faith; no indemnification for breaches of duty or dishonesty.