« previous next »

Author Question: The __________ rule allows management immunity from liability for corporate acts where there is a ... (Read 69 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
on: Jun 24, 2018
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

Question 2

Which of the following is an incorrect statement about directors?
 A) Their eligibility requirements may be found in the bylaws.
 B) Bylaws may require that directors be shareholders in the corporation.
 C) The board of directors has authority to manage the corporation.
 D) Courts will interfere with the board's discretion when they disagree with its actions.


bpool94

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Direction: Right-Hand Rule Direction: Right-Hand Rule
How to use the chain rule to find the derivative of a function How to use the chain rule to find the derivative of a function
How to find the derivatives of trigonometric functions using the chain rule (Part 1) How to find the derivatives of trigonometric functions using the chain rule (Part 1)
Sample time management planning chart for a massage student. Sample time management planning chart for a massage student.
Rule of Law and Productivity Rule of Law and Productivity
Find the derivative using the power rule Q2 Find the derivative using the power rule Q2
Video: Muscle Twitch and Muscle Tension - Motor unit size and force

For a complete list of videos, visit our video library