Courts are sympathetic to managers acting in the best interests of the corporation,even when the acts are illegal.

Question

Quizplus · Accepted Answer

Courts are not sympathetic to managers who engage in illegal acts, even if they believe it is in the best interests of the corporation. Managers have a fiduciary duty to act in good faith and with a reasonable level of care, and illegal actions are not consistent with these obligations.

Courts Are Sympathetic to Managers Acting in the Best Interests