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.

Question

Quizplus · Accepted Answer

The business judgment rule provides management with immunity from liability for corporate acts made in good faith and with due care. It assumes that the decision was made after careful consideration and evaluation of available information, and not in bad faith, fraud, or self-dealing.

The __________ Rule Allows Management Immunity from Liability for Corporate