Question: In the case in the text, Paramount Communications, Inc. v. Time, Inc. , what rule expansion did the Supreme Court of Delaware create? a. A
In the case in the text, Paramount Communications, Inc. v. Time, Inc., what rule expansion did the Supreme Court of Delaware create?
a. A board may oppose a hostile takeover as long as it had a preexisting, deliberately conceived corporate plan justifying its opposition.
b. A board may oppose a hostile takeover when there is a "better deal."
c. A board may oppose a hostile takeover as long as the defensive measure adopted was reasonable in relation to the threat posed.
d. A board may oppose a hostile takeover as long as it has reasonable grounds for believing that a danger to corporate policy and effectiveness existed.
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