In corporation first duty

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In corporation first duty
(TCO 3) In a corporation, the first duty of management is a…

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In corporation first duty

In corporation first duty

A+ LAWS 310 Quiz Week 2

(TCO 3) In a corporation, the first duty of management is a fiduciary duty to shareholders. Why is that a higher duty than to customers? (Points : 10)

The duty is higher for the shareholders than to the customers because the shareholders and management have a…