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Duty of Care Wex US Law LII / Legal Information ...

    https://www.law.cornell.edu/wex/duty_of_care
    Definition. The duty of care stands for the principle that directors and officers of a corporation in making all decisions in their capacities as corporate fiduciaries, must act in the same manner as a reasonably prudent person in their position would. Courts will generally adjudge lawsuits against director and officer actions to meet the duty of care, under the business judgment rule.

Fiduciary Duties in a Corporation: Duty of Care and How to ...

    https://tremblylaw.com/fiduciary-duties-in-a-corporation-duty-of-care-and-how-to-live-up-to-it/
    Oct 04, 2016 · The duty of care is about bringing due diligence to your officer or director position. Namely, it requires attention and intelligent reflection. This includes the fact that directors and officers must inform themselves, prior to making a business decision, of all material information that is reasonably available to them.

Duties & Responsibilities of Corporate Officers Legal Beagle

    https://legalbeagle.com/6295947-duties-responsibilities-corporate-officers.html
    The duty of care requires that corporate officers act in ways that are in the best interests of the corporation. The officer must conduct business in a way that a similarly situated, ordinary prudent person would, and actions must be taken in good faith. This generally means that the officer cannot act negligently in performing her duties.

Duty of Care Definition - investopedia.com

    https://www.investopedia.com/terms/d/duty-care.asp
    Sep 25, 2019 · Duty of care is a fiduciary responsibility held by company directors which requires them to live up to a certain standard of care. The duty …

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