Social Studies, 19.12.2019 01:31, javier04052000
Reference: "machine malfunction." bruno, the president of a health club operation called abc health club, convinced the board of directors to approve a large purchase of a type of fitness machine called "perfect body." bruno had carefully investigated the machine and did a presentation to the board on its purported benefits. unfortunately, after the purchase, it was announced that "perfect body" was actually a very dangerous machine that should not be used. the manufacturer of "perfect body" went bankrupt, and work out lost $200,000 on the purchase of the machines. the shareholders are furious and want to sue bruno and the directors. in an attempt to appease her, the boardof directors agrees to allow frances, the ring leader of the shareholders, to purchase stock of the company at below its fair market value. frances purchases a considerable amount of stock on that basis, but says that the shareholders plan to continue with an action against bruno and the board members. under which of the following should bruno and the board of directors defend themselves in an action brought by shareholders for harming the corporation?
a. the superior judgment rule.
b. the research and investigation rule.
c. the business judgment rule.
d. the rule of corporate integrity.
e. there is no defense
Answers: 2
Social Studies, 22.06.2019 13:10, kyleeeeee94
Sariah enters a room with several chirping crickets in it. upon first entering the room, sariah can hear the chirping; however, as she begins to talk to her friends, she is no longer aware of the chirping even though it is still there. the fact that sariah no longer perceives the chirping sound demonstrates sensory
Answers: 2
Reference: "machine malfunction." bruno, the president of a health club operation called abc health...
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