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      Question

      What is the fiduciary duty of board members concerning

      decision-making?
      A Ignoring conflicts of interest Correct Answer Incorrect Answer
      B Exercising care, diligence, and loyalty in decision-making Correct Answer Incorrect Answer
      C Promoting conflicts of interest Correct Answer Incorrect Answer
      D Disregarding ethical considerations Correct Answer Incorrect Answer

      Solution

      Explanation: Board members have a fiduciary duty to exercise care, diligence, and loyalty in decision-making, avoiding conflicts of interest and acting honestly and in good faith.

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