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The _____ Is a Presumption Given by the Courts to the Corporate

Question 31

Multiple Choice

The _____ is a presumption given by the courts to the corporate directors that their actions were informed and done with good faith and with an honest belief that the actions were in the best interests of the corporation.


A) preemptive rule
B) derivative action rule
C) business judgment rule
D) closed shop right
E) runaway shop right

Correct Answer:

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