Under the business judgment rule, directors cannot be held liable for bad faith, fraud, or a breach of fiduciary duties.

Name: Under the business judgment rule, directors cannot be held liable for bad faith, fraud, or a breach of fiduciary duties.
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The business judgment rule does not protect directors from liability for bad faith, fraud, or a breach of fiduciary duties. Directors can be held accountable for these actions under certain circumstances.

Under the Business Judgment Rule, Directors Cannot Be Held Liable