Under the , the courts generally avoid second-guessing corporate executives and let stand any business decisions made in good faith that are uninfluenced by personal considerations.

Question

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The statement describes the "business judgment rule", which is a legal principle that gives executives a wide degree of discretion in making business decisions, as long as those decisions are made in good faith and without any personal interest or bias. The rule is designed to promote innovation and risk-taking by corporate leaders, without fear of undue legal scrutiny or liability.

Under the , the Courts Generally Avoid Second-Guessing Corporate Executives