Question
Which of the following is a legal rule that prevents directors from being held liable for making bad decisions if they act with good faith,
from being held liable for making bad decisions if they act
with good faith, loyalty, and due care?
The good faith rule.
The business judgment rule.
The due care rule.
The director liability rule.
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Auditing and Assurance Services A Systematic Approach
Authors: William Messier, Steven Glover, Douglas Prawitt
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