Under the , the Courts Generally Avoid Second-Guessing Corporate Executives

question 93

Multiple Choice

Under the , the courts generally avoid second-guessing corporate executives and let stand any business decisions made in good faith that are uninfluenced by personal considerations.

• A) business judgment rule
• B) corporate opportunity doctrine
• C) conflict of interest rule
• D) expense item rule

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Definitions:

Xerostomia

Xerostomia, commonly known as dry mouth, is a condition characterized by a decreased production of saliva, leading to dryness in the mouth.

Macular Degeneration

A progressive eye condition affecting the retina, leading to the loss of central vision, primarily in older adults.

Central Vision

The part of a person's field of vision where they can see clearly and focus on detail, crucial for activities like reading and driving.

Temporal Lobe

A region of the cerebral cortex responsible for processing auditory information, as well as a role in memory and emotion.