This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain the concept of the business judgment rule. What will be an ideal ... (Read 274 times)

hubes95

  • Hero Member
  • *****
  • Posts: 561
on: Aug 3, 2018
Explain the concept of the business judgment rule.
 
  What will be an ideal response?

Question 2

In the federal court system, which court is the court of last resort?
 
  A) US District Court
  B) US Court of Federal Claims
  C) US Court of Appeals
  D) US Supreme Court


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shoemake

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Aug 3, 2018
Answer to Question 1

A director is not liable for loss if he or she adheres to the fiduciary standard of using the
judgment of the ordinarily prudent businessperson.

Answer to Question 2

D


hubes95

  • Member
  • Posts: 561
Reply 2 on: Aug 3, 2018
Great answer, keep it coming :)

cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Gram Stain Concept Map Gram Stain Concept Map
Concept map for jacob's awareness Concept map for jacob's awareness
Find derivative using product rule Find derivative using product rule
Please fully explain the answer with steps Please fully explain the answer with steps
Mole concept Mole concept
Graph approximated by two parabolas for the Simpson's rule Graph approximated by two parabolas for the Simpson's rule
Video: Atrophy

For a complete list of videos, visit our video library