Author Question: The officers and the directors are fiduciaries of the corporation, but the business judgment rule ... (Read 34 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
The officers and the directors are fiduciaries of the corporation, but the business judgment rule will not preclude liability on officers and directors for honest mistakes of judgment.
  Indicate whether the statement is true or false

Question 2

A breach of contract always discharges the injured party from performance under the contract.
  Indicate whether the statement is true or false



milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

FALSE

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

For a complete list of videos, visit our video library