Discuss How a Director Protects Herself from Potential Liability by Exercising

question 20

Essay

Discuss how a director protects herself from potential liability by exercising her right to dissent.

---

Definitions:

Consumer Surplus

The difference between the total amount that consumers are willing to pay for a good or service and the total amount that they actually pay.

Priced At

The specified cost at which a good or service is offered for sale in the market.

Surplus

The amount by which the quantity supplied of a product exceeds the quantity demanded at a specific (above-equilibrium) price.

Consumer Surplus

The gap between what consumers are prepared and capable of paying for a product or service and the actual amount they end up paying.