« previous next »

Author Question: The officers and the directors are fiduciaries of the corporation, but the business judgment rule ... (Read 58 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
on: Jun 24, 2018
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
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

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
Private Practice Massage Therapy Business Plan Cont Private Practice Massage Therapy Business Plan Cont
How to use Cramer's rule to solve a second-order determinant (Question 2) How to use Cramer's rule to solve a second-order determinant (Question 2)
Rule of Law and Factor Accumulation, 2009 Rule of Law and Factor Accumulation, 2009
Find derivative using chain rule Find derivative using chain rule
Business Mathematics in Canada, 11e (Jerome, Worswick) Business Mathematics in Canada, 11e (Jerome, Worswick)
Video: Stroke volume - preload, sarcomere length and Frank -Starling law

For a complete list of videos, visit our video library