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Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
Edition 4ISBN: 978-1133709107Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
Edition 4ISBN: 978-1133709107 Exercise 10
Under the duty of care, directors will be liable if they:
(a) Make a decision that has a rational business purpose
(b) Use the same care as an ordinarily prudent person
(c) Make informed decisions
(d) Engage in illegal behavior that is profitable to the company
(e) Make an informed decision that ultimately harms the company
(a) Make a decision that has a rational business purpose
(b) Use the same care as an ordinarily prudent person
(c) Make informed decisions
(d) Engage in illegal behavior that is profitable to the company
(e) Make an informed decision that ultimately harms the company
Explanation
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Option "A" is not correct as because the...
Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
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