× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business
New Topic  
obinlemadim obinlemadim
wrote...
Posts: 136
Rep: 0 0
5 years ago
Which of the following is true with regard to boards of directors?
a) The courts judge the discharge of the obligations of directors according to a civil law standard referred to as the duty of care.
b) Under the business judgment rule, actions taken by the board are generally subject to judicial review.
c) Board members have legal obligations that generally fall into categories referred to as the duty of loyalty and the duty of care.
d) Directors cannot be held liable even when they do not exercise due care.
Textbook 
Business and Its Environment

Business and Its Environment


Edition: 7th
Author:
Read 60 times
1 Reply

Related Topics

Replies
wrote...
#1
5 years ago
C
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  876 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 654
  
 600
  
 858
Your Opinion
What's your favorite coffee beverage?
Votes: 274
Previous poll results: How often do you eat-out per week?