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What Does the Business Judgement Rule Encourage

Question 61

Multiple Choice

What does the business judgement rule encourage?


A) It allows officers to self-deal if there is no real conflict with the corporation.
B) Directors and officers from ever being held accountable for bad decisions.
C) Individuals to seek out other corporations to partner with in the best interests of the corporation.
D) Shareholders to be involved in the day-to-day operation of the corporation.
E) It encourages individuals to serve as directors.

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