A court will dismiss a derivative suit if a majority of the directors or an independent panel determines in good faith that the lawsuit is not in the best interests of the corporation

Indicate whether the statement is true or false


T

Business

You might also like to view...

Perception data may be direct or derived

Indicate whether the statement is true or false

Business

Diagram and explain how leader values, inspiring/visionary leadership, and likely firm outcomes are interrelated.

What will be an ideal response?

Business

It is most useful to think of the 4 Ps from a(n) ________ perspective

A) relational B) customer C) managerial D) employee E) shareholder

Business

Previously in stock-drop cases, courts used a presumption of prudence standard, presuminginvestment of company stock in company pension plans to have been prudent and therefore valid, despite problems with the stock. But a recent Supreme Court case ruled that the managers of company stock funds enjoy no special presumption of prudence. Discuss the potential impact of this ruling

Business