The Good-Faith Rule Presumes That

The good-faith rule presumes that .

A) corporate officers, directors, and agents will not take personal advantage of an opportunity that, in all fairness, should have belonged to the corporation
B) buyback programs prevent stock options and the new shares resulting from the exercise of options from diluting stock prices and earnings per share
C) officers and directors will exercise their duties in a manner they reasonably believe to be in the best interests of the corporation
D) the valuation of the property or services given as consideration for the stock is fair as long as it is honestly made