What Is Not Part of the Presumptions of the Business

question 27

Multiple Choice

What is not part of the presumptions of the business judgment rule concerning directors?

• A) that the decision they reached was profitable to the corporation
• B) that they acted on an informed basis
• C) that they acted in good faith
• D) that they acted in the honest belief that the action taken was in the best interest of the corporation

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Definitions:

Federal Law

A body of law at the national level within the United States that is enacted by the federal government.

Younger Workers

Individuals in the workforce who are typically classified by a younger age range, often new entrants or those in the early stages of their careers.

EEOC

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