question 1

question 2

The ______ recognizes that directors may be conflicted by their interest in saving their jobs, yet it allows directors to oppose the takeover if they mostly are concerned about protecting the company from the takeover's threat to the company's policies. Sarbanes-Oxley Act Unocal test business judgment rule Dodd-Frank Wall Street Reform and Consumer Protection Act In Guth v. Loft, Inc., the case in the text, what remedy did the court impose after its finding that an opportunity to become the manufacturer of a Pepsi-Cola syrup was usurped? Nominal damages Punitive damages Forfeiture to the corporation of all benefits received Compensatory damages for the cost of all losses related to the bad act