Jenny is an officer of a corporation.She made a difficult business decision.When challenged about her decision,the court ruled she had acted in good faith and that the business judgment rule applied.As such:
A) Jenny will not be held personally liable for a decision that results in money losses to the company.
B) Jenny's decision will be reviewed by a court.
C) Jenny is immune from a lawsuit.
D) Jenny must resign from the board.
Correct Answer:
Verified
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