Randy is a director of STEM Inc. As a director, with respect to the corporation, Randy is expected to use

Question

Quizplus · Accepted Answer

Directors of a corporation are expected to use prudent business judgment, which is part of their fiduciary duties to act in the best interest of the corporation and its shareholders. This is known as the "business judgment rule," which provides directors with a presumption that they have acted on an informed basis, in good faith, and in the honest belief that the action taken was in the best interest of the company. The other options do not represent standard legal or business principles.

Randy Is a Director of STEM Inc