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Bernard is a board member at Lopez Electronics Inc. He is also a senior executive of the firm. The board is chaired by Ernest Jones, the CEO of Stanley Motors. According to this scenario, Bernard:.
a. is more likely than Ernest to take care of stockholder interests.
b. can use information from board meetings to trade stocks of Lopez Electronics.
c. is an inside director of Lopez Electronics.
d. cannot serve on the board of any other organization.
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Bernard is a board member at Lopez Electronics Inc. He is also a senior executive of the firm. The b...
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