7.1 Duty to Deliberate is an obligation or responsibility for the directors of a corporation to act in good faith and to take into consideration the interests of the company and the shareholders. This duty is also known as the fiduciary duty of care. It requires directors to take into consideration the interests of the corporation, its shareholders, and other stakeholders. The duty of deliberation requires directors to make an effort to become informed of the relevant facts and issues related to matters before the board, investigate any potential conflicts of interest, and thoroughly deliberate on the matters. There are two types of 7.1 Duty to Deliberate: the Duty of Care and the Duty of Loyalty. The Duty of Care requires directors to act in a manner that is reasonably informed and prudent. The Duty of Loyalty requires directors to act in the best interests of the corporation and the shareholders.