When a Corporate Manager Makes an Honest Error in Judgment,the

question 50

Multiple Choice

When a corporate manager makes an honest error in judgment,the business judgment rule directs that:

• A)the manager will be liable for corporate losses.
• B)the manager will not be liable and a court will step in to correct the manager's mistake.
• C)the manager will not be liable if he acted with care and in good faith.
• D)the manager will be liable for all losses resulting from the error.

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Definitions:

Safety Planning

A proactive, strategic approach for reducing risks and enhancing security, often used in contexts of personal safety, including situations of domestic violence or emergency response.

Warning Sign

An indicator or alert that signals a potential danger, problem, or need for attention.

Suicidal Risk

The likelihood that an individual will attempt to take their own life, often assessed by healthcare professionals in patients with mental health issues.

Giving Things Away

An action where an individual distributes personal possessions to others, which can be a sign of planning for suicide or a gesture of generosity.