Ursula is an executive at a corporation.She becomes angry at her co-owners and begins making bad investments,buying up companies she thinks will soon go bankrupt.When she is sued for a breach of fiduciary duty,can the business judgment rule protect her?

Question

Quizplus · Accepted Answer

A)The business judgment rule says directors and officers are not liable for decisions that harm the corporation if they were acting in good faith at the time.
B)The business judgment rule says directors and officers are not liable for decisions that harm the corporation if they were acting in good faith at the time.
C)The business judgment rule says directors and officers are not liable for decisions that harm the corporation if they were acting in good faith at the time.
D)The business judgment rule says directors and officers are not liable for decisions that harm the corporation if they were acting in good faith at the time.
E)The business judgment rule says directors and officers are not liable for decisions that harm the corporation if they were acting in good faith at the time.

Ursula Is an Executive at a Corporation