menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 47: Management of Corporations
  5. Question
    Generally, Corporate Management Is Not Liable to Third Persons If
Solved

Generally, Corporate Management Is Not Liable to Third Persons If

Question 26

Question 26

True/False

Generally, corporate management is not liable to third persons if the managerial policies cause loss to such third persons.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q21: A valid meeting of the voting shareholders

Q22: The Dodd-Frank Act requires greater accountability by

Q23: Directors are usually allowed to vote by

Q24: Most states permit action to be taken

Q25: Under the responsible corporate officer doctrine officers

Q27: The duties of officers of a corporation

Q28: State laws that attempt to indemnify corporate

Q29: Application of the business judgment rule to

Q30: Shareholder control is generally limited to voting

Q31: Eligibility for membership on a board of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines