Nora is a director of Outback Outfitters,Inc. Under the standard of due care owed by directors of a corporation,Nora's decisions must be informed and

Question

Quizplus · Accepted Answer

The standard of due care requires that directors make informed and reasonable decisions, not perfect or unquestionable ones. Directors are not expected to have perfect knowledge or make infallible judgments, but they do have a duty to act with the level of care that a reasonable person would exercise in similar circumstances. Therefore, choice A is the only correct option.

Nora Is a Director of Outback Outfitters,Inc