The business judgment rule may apply to determine whether directors acted reasonably in resisting a takeover attempt.

Name: The business judgment rule may apply to determine whether directors acted reasonably in resisting a takeover attempt.
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The business judgment rule can apply to assess if directors acted in a reasonable manner when resisting a takeover attempt, as it is designed to protect directors' decisions made in good faith and in what they believe to be the best interests of the corporation.

The Business Judgment Rule May Apply to Determine Whether Directors