A board may validly delegate authority to a committee of directors if

A board may validly delegate authority to a committee of directors if

A board may validly delegate authority to a committee of directors if:

A. Permitted by the company’s by-laws and CBCA

B. The committee is composed entirely of executive directors

C. Shareholders approve the delegation

D. The delegation is for fiduciary duties

Answer: A

Explanation: Board delegation to committees is allowed if by-laws/statutes permit; fiduciary duties cannot be delegated.