The ________ recognizes that directors may be conflicted by their interest in saving their jobs,yet it allows directors to oppose the takeover if they mostly are concerned about protecting the company from the takeover's threat to the company's policies.

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The Unocal test recognizes that directors may be conflicted by their interest in saving their jobs,yet it allows directors to oppose the takeover if they mostly are concerned about protecting the company from the takeover's threat to the company's policies,such as a preexisting acquisition or expansion strategy that would be frustrated by the takeover.

The ________ Recognizes That Directors May Be Conflicted by Their