Lewis Is a Director of Mines & Refineries,Inc

question 41

Multiple Choice

Lewis is a director of Mines & Refineries,Inc.Using information that is not available to the public,Lewis makes a profit trading in Mines & Refineries stock.Lewis is most likely liable for breach of 

• A) ​the business judgment rule. 
• B) ​the business judgment rule
• C) ​no duty or rule 
• D) ​the duty of care.

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Definitions:

DMAIC

An acronym for Define, Measure, Analyze, Improve, and Control; a data-driven quality strategy used for improving, optimizing, and stabilizing business processes and designs.

Benchmarks

Standard points of reference by which something can be measured or judged, often used for comparison to assess performance or quality.