A director must always vote on a proposed transaction in which he or she has a personal interest.

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asked Oct 11, 2018 23.3k views

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Ganesh Kamath · Answer 1 · 2018-10-14T23:28:58+0000

False. A director should never vote on a proposed transaction in which they have a vested personal interest. This is called a "conflict of interest" and has legal repercussions in most areas.

A director must always vote on a proposed transaction in which he or she has a personal interest.

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A director must always vote on a proposed transaction in which he or she has a personal interest.​

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A director must always vote on a proposed transaction in which he or she has a personal interest.