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Business, 06.05.2021 22:20 olsona75

To obtain protection under the business judgment rule, a director must meet the certain requirements in arriving at his/her decisions, including: a. conforming with the business judgement rules established by the courts. b. making an objectively rational decision that is focused on making the corporation profitable. c. making a subjectively rational decision which is supported by a reasonable investigation. d. making an conflict-free decision that has a rational basis, believing that the decision is in the best interests of the corporation.

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