Examlex
To achieve its basic mission of promoting international economic cooperation and stable growth, the International Monetary Fund (IMF) :
Business Judgment Rule
A rule under which courts will not hold corporate officers and directors liable for honest mistakes of judgment and bad business decisions that were made in good faith.
Negligence Or Mismanagement
The failure to exercise the care or oversight required, resulting in harm or loss.
Duty Of Care
A legal obligation imposed on individuals or organizations to adhere to a standard of reasonable care while performing any acts that could foreseeably harm others.
Breaching
The behavior of violating or not adhering to a law, contract, or set of rules.
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