Officers and directors of a company are expected to act carefully in fulfilling their tasks. A director shall act in good faith, with the care an ordinarily prudent person in a like position would exercise under similar circumstances and in a manner he reasonably believes is in the best interest of the enterprise. The notion of profit would tend to go against the due care principle.
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit