Sheryl

Next question, how do we satisfy this business judgment rule thingy?

Alicia Hudson

It's pretty simple, there are three elements of the rule that you must satisfy when you make a decision:

Select all that apply, then click Submit below

Your decision must be made on your expert's understanding of the issues.

You must be informed, essentially you must conduct a reasonable investigation.

You must have hired experts to help you make your decision.

Your decision must be based on objective facts.

You must not have a conflict of interest related to the decision.

$$ You must have had some rational basis for your decision meaning that there was a