Which of the following is NOT a fiduciary duty of directors under Canadian corporate law
Which of the following is NOT a fiduciary duty of directors under Canadian corporate law?
A. Duty of care
B. Duty of loyalty
C. Duty to maximize short-term profits
D. Duty to act in the company’s best interests
Answer: C
Explanation: Directors are not required to prioritize short-term profits; they must act in long-term corporate best interests.
