Practice question
What causal requirement appears in Section 30’s first-paragraph damages language?
- Any director must pay every unrelated loss
- Only the date of a press release matters
- Every stock-price fluctuation is presumed caused by misconduct
- No damage ever needs connection
- The damages must result from the specified wrongful conduct
Legal references
- Revised Corporation Code, RA 11232, Sections 30 and 33: https://lawphil.net/statutes/repacts/ra2019/ra_11232_2019.html
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