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Basic Question 5 of 8
Which of the following most likely would be a reason for concern when evaluating an independent board member's qualifications? The board member ______
B. owns 2,000 shares of the corporation's equity.
C. has formerly served on the boards of several successful companies.
A. has served on the board for 15 years.
B. owns 2,000 shares of the corporation's equity.
C. has formerly served on the boards of several successful companies.
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
describe potential risks of poor corporate governance and stakeholder management and benefits of effective corporate governance and stakeholder management
CFA® 2025 Level I Curriculum, Volume 2, Module 3.