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foreign hello and welcome back to Katies business tips glad to be with you in this video were talking about the duties and the liabilities of directors and officers of Corporations one of the most important duties of directors and officer Corporation is the duty of care and thats listed in the law duty of care requires that in carrying out their functions they must exercise at least the level of care and diligence that a reasonable person would exercise in a similar conditions and act honestly at all times in good faith and the best interest of the corporation thats standard for any director officer director and officers must remain informed about the activities of the corporation obviously right thats their job to make sure they are and sure the corporation activity are legal and in the best interest of the corporation right they got to make sure theyre legal obviously directors and officers are required to disclose if they have any personal conflict in a contract with the corp