The sovereign immunity rule allows management immunity from liability for corporate acts where there is a reasonable indication that the acts were made in good faith and with due care.
Correct Answer:
Verified
Q5: State laws that attempt to indemnify corporate
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Q16: All states stipulate that there shall be
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Q17: The notice of a special meeting of
Q18: A director is disqualified from taking part
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Q20: The courts have traditionally viewed it as
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