The __________ precludes imposing liability on directors and officers for honest mistakes in judgment if they act with due care, in good faith, and in a manner reasonably believed to be in the best interests of the corporation.

Question

Quizplus · Accepted Answer

The business judgment rule protects directors and officers from liability for honest mistakes in judgment, as long as they act with due care, in good faith, and in the best interests of the corporation.

The __________ Precludes Imposing Liability on Directors and Officers for Honest