The business judgement rule is designed to protect
A)only the manager.
B)only the manager's decision.
C)both the manager and the manager's decision.
D)a business from a conflict of interest.

Question

Quizplus · Accepted Answer

The business judgement rule is designed to protect both the manager and the manager's decision from legal action as long as the decision was made in good faith, with reasonable care, and without a conflict of interest. It provides a level of protection for managers and directors when making informed business decisions.

The Business Judgement Rule Is Designed to Protect