Absent a showing of fraud, generally courts will not 'second guess' directors' right to manage the company.
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Q15: Action taken by shareholders without holding a
Q16: The sale of corporate assets outside the
Q17: The notice of a special meeting of
Q18: The courts have traditionally viewed it as
Q19: Many states stipulate that there shall be
Q21: Generally, corporate management is not liable to
Q22: Officers have a fiduciary obligation not to
Q23: Under the responsible corporate officer doctrine a
Q24: A corporation itself may be convicted of
Q25: A valid meeting of the voting shareholders
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