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Separate legal and economic entity

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Reference no: EM132970176

In relation to the directors' duty to act in the best interest of the company, which of the following statements is not correct?

Select one:

a. The duty is owed to shareholders as a general body.

b. The duty is owed to each individual shareholder.

c. The directors may, in some instances, consider the interests of the creditors' of the company.

d. The duty is owed to the company as a separate legal and economic entity.

Reference no: EM132970176

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