Question

What are the liabilities of the director to the company and to the third parties?

21 Sep 2022
Answer :
Word Count : 404

In a company, the directors are responsible for overseeing the management of the company and making strategic decisions on behalf of its shareholders. They are appointed by the shareholders and are accountable to them for their actions. The directors have a range of legal liabilities both to the company and to third parties. These liabilities are designed to protect the interests of the company, its shareholders and ______ ____ _____ ________ ______ _____ ________.
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