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Question
Under the Model Business Corporations Act, a director who is sued in connection with his/her duties to the corporation may be indemnified by the corporation when:
A. the director acted in good faith and his conduct was lawful.
B. the director failed to act in the best interests of the corporation.
C. the director's actions were grossly negligent but not intentional.
D. the director received unqualified financial benefits.
Answer
This answer is hidden. It contains 187 characters.
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