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Alex Esquire
Alex Esquire, Attorney
Category: Business Law
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Experience:  Experienced Licensed Attorney
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In what ways may officers and directors be protected by the

Resolved Question:

In what ways may officers and directors be protected by the corporation from liability for actions taken as an officer or director?

A. The officer or director must purchase personal liability insurance to cover such losses.
B. Have the corporation purchase liability insurance and indemnify the officers and directors.
C. Officers and directors cannot be protected from liability.
D. Officers and directors are automatically protected from liability by virtue of corporate.
Submitted: 4 years ago.
Category: Business Law
Expert:  replied 4 years ago.
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