A Special Litigation Committee Whose Purpose Is to Decide Whether

question 80

Multiple Choice

A special litigation committee whose purpose is to decide whether to sue should consist of:

• A)directors who were directors at the time the wrong occurred.
• B)directors who are not defendants in the derivative suit.
• C)directors who are interested in the challenged action.
• D)directors who are not independent of the defendant directors.

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Definitions:

Prefrontal Cortex

A region of the brain associated with decision making, social behavior, personality, and cognitive planning.

Cortex

The outer layer of the cerebrum of the brain, involved in various high-level brain functions such as sensation, voluntary muscle movement, thought, reasoning, and memory.

Lateralization

Refers to the tendency for some neural functions or cognitive processes to be more dominant in one hemisphere of the brain than the other.

Adapt

To adjust or change behavior, characteristics, or ideas to fit a new environment or conditions.