Which of the following policies helps keep a corporate officer from being sued for honest mistakes made on behalf of a corporation?

Question

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The business judgment rule helps protect corporate officers from being sued for honest mistakes made on behalf of the corporation. This policy assumes that officers acted in good faith and in the best interest of the corporation when making business decisions, unless there is evidence of misconduct or bad faith. The duty of loyalty and duty of obedience require officers to act in the best interest of the corporation, but do not necessarily protect them from being sued. Self-dealing, on the other hand, is when an officer puts their personal interests ahead of the corporation, which leaves them vulnerable to being sued.

Which of the Following Policies Helps Keep a Corporate Officer