This week, we evaluated the subjects that comprise business law activity and we examined how they influence the type of business organization that will be formed. Within this discussion, we also analyzed the legal concept of fiduciary duties, the breach of which can lead to civil litigation.

For this week's discussion, answer the following questions:

• Compare and contrast the fiduciary responsibility of duty of care with that of duty of loyalty.
• Identify the purpose of each and explain the specific type of unethical conduct they are meant to prevent.
• Provide your opinion on whether the Business Judgment Rule can be used as a defense to allegations of the breach of the duty of care and the duty of loyalty.