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ABC Inc. is a publicly traded corporation that operates in the technology sector. The company's board of directors has recently come under scrutiny for allegedly
ABC Inc. is a publicly traded corporation that operates in the technology sector. The company's board of directors has recently come under scrutiny for allegedly mismanaging the company's finances, leading to a decline in the stock price. A group of shareholders is considering bringing a lawsuit against the board of directors.
The board may claim the protection of the business judgment rule if the board performed its duties
A
using the best information available
B
acting upon a rational or reasonable belief
C
doing actions in the best interest of the corporation
D
All of the Above
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