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3. Answer each of the following with respect to the business judgment rule: a. (a) What is the business judgment rule? The Business Judgement
3. Answer each of the following with respect to the business judgment rule: a. (a) What is the business judgment rule? The Business Judgement Rule is a legal doctrine that helps to guard a corporation's board of directors against frivolous legal allegations about the way it conducts business (Hayes, 27 April 2022). b. (b) How does it protect officers and directors from a claim by shareholders? c. (c) What advice would you give to officers and directors about what they should do to ensure they get the benefit of the business judgment rule?
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