Indemnity and insurance protection

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The director has the option to protect themselves from potential liability with Indemnity and insurance protection unless they are involved in intentional fraudulent acts. There are atways consequences of committing fraud at any position in any corporation. I feel relieved to an extent that protection is available for unintentional or careless acts. Errors can occur and there is protection available for that but frauds do not just happen. Frauds are intentional acts and it mold not be fair for me to say my interest in directorship lessened due to potential liability.

Reference no: EM133107512

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