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Help please. Compliance with government safety regulations is a complete defense to a products liability suit. True False The values, beliefs, customs, rules, and ceremonies
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Compliance with government safety regulations is a complete defense to a products liability suit. True False The "values, beliefs, customs, rules, and ceremonies" shared by a corporation are an example of: Corporate culture. Corporate purpose. Corporate planning. Corporate compliance. Which of the following is NOT a potential violation of the duty of loyalty? Standing on both sides of a corporate transaction. Failing to attend board meetings or read board materials. Trading on material, non-public information. Keeping a corporate opportunity for themselves. Which of the following is not a way for a director to escape liability for an interested transaction? A vote of the disinterested directors. A vote of the disinterested shareholders. Showing the transaction is fair under the entire fairness standard. A vote of the disinterested officers. The business judgment rule effectively insulates directors from which type of claim? Breach of the duty of care. Breach of the duty of loyalty. Tort claims. Breach of the duty of good faith. Claire lives in a pure comparative negligence state. Due to Owen's negligence, Claire is injured and incurs $1 million in medical bills and expenses. A jury finds that Claire was 40% responsible for her injury due to her own negligence. How much will Claire be able to recover from Owen? $0. $1,000,000 $400,000 $600,000 Step by Step Solution
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