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Title
ABC/123 Version X
1
Fitzgerald Foods Policy Document
ETH/321 Version 7
1
University of Phoenix Material
Company Policy 1.0
Legal Duties of Directors and Officers
PURPOSE
a. [List the purpose of the policy here. Read the assignment scenario for clues.]
SCOPE
[List who the policy applies to here. Read the assignment scenario for clues.]
LEGAL DUTIES OF DIRECTORS AND OFFICERS
1. [List the legal duties of directors and officers here, including the “business judgment rule.”]
BENEFITS OF COMPLIANCE
1. [List the benefits achieved by the company from compliance here.]
CONSEQUENCES OF NONCOMPLIANCE
1. [List the legal consequences for the company and the legal/employment consequences for a director/officer for violating the policy here. Include a real world example of a director/officer’s liability for noncompliance as required by the assignment and how a director/officer’s unethical behavior can lead to liability.]
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