What is it called where a director makes a decision, that is done in good faith, with due care, and a belief that it is in the best interest of the corporation? (three words) Answer: if a shareholder is opposed to the vote that a corporation has taken, the shareholder should object to the vote by: (one word) Answer: LAOL Chapters 35, 36, Who are the residual owners of a corporation? O a. president O b. ceo (chief executive officer) board of directors O d. shareholders O e. partners The corporation has been forced into bankruptcy, this would be a(n): O a. dissociation O b. judicial dissolution Oc voluntary dissolution O d. administrative dissolution e liquidation The law has been changed on patents. It used to be the first to invent got the patent and now it is the first inventor to file. Select one: True False