According to the "responsible person" doctrine,directors and officers are not liable for decisions that harm the corporation if they were acting in good faith at the time of the decision.

Question

Quizplus · Accepted Answer

According to the "business judgment" rule,directors and officers are not liable for decisions that harm the corporation if they were acting in good faith at the time of the decision.

According to the "Responsible Person" Doctrine,directors and Officers Are Not