Apedia

Business Judgment Rule Court Disturb Good Faith Decisions Absence

Front Business judgment rule
Back court will not disturb good-faith decisions in absence of fraud, illegality, or self-dealing

Tags: corp

Learn with these flashcards. Click next, previous, or up to navigate to more flashcards for this subject.

Next card: Disclosed ratified majority disinterested director's safe habor duty

Previous card: Director's standard care reasonable circumstances special skills possesses

Up to card list: California bar prep