Business Judgment Rule
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Definition
The Business Judgment Rule is a legal principle that shields corporate directors and officers from liability for decisions made in good faith and with reasonable care in the best interests of the company, even if those decisions ultimately result in negative consequences.
Class Relationships
Parent(s)
Children 0
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Translations
Class Hierarchy Visualization
Interactive graph showing class relationships - click on any node to navigate to that class
Additional Information
Metadata
Comment
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Description
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Notes
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Editorial Information
History Note
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Editorial Note
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Identifier
N/A
Deprecated
No
Source and Origin
No source or origin information available