Ontario Barrister and Solicitor Practice Exam

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Master the Ontario Barrister and Solicitor Exam with our comprehensive practice quiz. Tailored to the latest syllabus, it's the perfect tool to assess your readiness and ensure success.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What duty does a director owe to the corporation?

Fiscal responsibility
Duty of care and fiduciary duty
Environmental duty
Operational duty

The correct answer is: Duty of care and fiduciary duty

A) Fiscal responsibility is incorrect because although directors do have a responsibility to manage the company's finances, this does not encompass their entire duty to the corporation. C) Environmental duty is incorrect because while it is important for corporations to be environmentally responsible, it is not the main duty of a director. D) Operational duty is incorrect because this is typically the responsibility of the CEO or other top-level executives, not the director.