What is the main defense for directors and other officers who are charged with breaching their duty of care, skill and diligence under Section 180(1) of the Corporations Act 2001 (Cth)? Explain the Business Judgment Rule under Section 180(2) [Note: for the second part of the question, do not simply copy the wording of Section 180(2) - you will not get credit if you do so.

Answer rating: 100% (QA)

Answer The main defense for directors and other officers charged with breaching their duty of care skill and diligence under Section 1801 of the Corpo... View the full answer