Revised Model Business Corporations Act Name: Institution: For the director and officers in the corporate world to be held accountable to the stakeholders, the Revised Model Business Corporations Act stipulates their duties. One of the duties if that of care, that regulates the activities of the directors, such that they cannot engage in practices that will cause harm to the company and the stakeholders in general (National Association of Veteran`s Research And Education Foundations, 2013). If for example, a director or an officer takes an action th...