Question: Multiple Choice Question Most courts define good faith by requiring directors and officers to clear all but which of the following hurdles in order to

Multiple Choice Question

Most courts define good faith by requiring directors and officers to clear all but which of the following hurdles in order to obtain the protection of the business

judgment rule?

Rational belief

No stock holdings

(

common or preferred

)

in the company

No private interest in the disputed transaction

(

)

or decision

(

)

Best information

Multiple Choice Question Most courts define good faith by requiring directors

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