The ________ Protects the Decisions of a Board of Directors

question 11

Multiple Choice

The ________ protects the decisions of a board of directors that acts on an informed basis, in good faith, and in the honest belief that the action taken was in the best interests of the corporation and its shareholders.

• A)Williams Act
• B)antifraud provision of the SEC
• C)pro rata rule
• D)business judgment rule

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Definitions:

Credibility

The quality or power of inspiring belief or trust in something or someone.

Emotional Terms

Words or phrases used to evoke feelings or emotions in the audience.

Executive Summary

A brief overview of a document's key points, findings, or recommendations, intended for quick reading.

Secure Intranet

An intranet that uses measures like encryption, authentication, and firewalls to protect sensitive information from unauthorized access.