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The __________ Precludes Imposing Liability on Directors and Officers for Honest

Question 71

Multiple Choice

The __________ precludes imposing liability on directors and officers for honest mistakes in judgment if they act with due care, in good faith, and in a manner reasonably believed to be in the best interests of the corporation.


A) business judgment rule.
B) duty of diligence.
C) duty of obedience.
D) None of these is correct.

Correct Answer:

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