Examlex
Which of the following is TRUE?
Business Judgment Rule
A legal doctrine that protects corporate executives' decisions when made in good faith and believed to be in the best interest of the company.
Corporate Opportunity
A legal doctrine that restricts leaders of a corporation from taking personal advantage of an opportunity that should belong to the corporation.
Safe Harbor
A provision in a law or regulation that provides protection from liability or penalty under specific situations or conditions.
Corporate Manager
An individual responsible for leading, directing, and overseeing the operations and strategy of a corporation.
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