The __________ rule allows management immunity from liability for corporate acts where there is a reasonable indication that the acts were made in good faith and with due care
A) sovereign immunity
B) business judgment
C) reasonable director
D) good faith
B
You might also like to view...
?The amount of money that an investor receives after selling a stock is called the proceeds.
Answer the following statement true (T) or false (F)
According to the theory underlying the present-value formula, would a rational individual prefer to receive (a) $75 one year from now, (b) $85 two years from now, or (c) $90 three years from now, or would he be indifferent between all three choices? Assume that the relevant annual market interest rate is 10 percent and will remain at 10 percent for the next three years?
A. He will prefer $75 one year from now. B. He will prefer $85 two years from now. C. He will prefer $90 three years from now. D. He will be indifferent between all three choices.
Which international organization stipulates procedures for the settlement of international trade disputes?
a. World Trade Organization b. World Bank c. International Monetary Fund d. Organization of Economic Development
Which type of practitioner tends to work for organizations with rapidly changing and threatening environments?
A. Expert prescriber C. Communication facilitator B. Communication technician D. Problem-solving process facilitator