Business Judgment Rule

The Business Judgment Rule is a legal principle that shields corporate directors and officers from liability for decisions made in good faith and with reasonable care in the best interests of the company, even if those decisions ultimately result in negative consequences.

IRI: http://lmss.sali.org/RBSyLDx8p1LtTo82YnXmJcW
Branch: Objectives

Also known as

Business Judgment Rule, Business Judgment Rule, Regla de Juicio Empresarial, Regla de Juicio Empresarial, Regra de julgamento empresarial, Règle de jugement commercial, כלל שיקול דעת עסקי, व्यापार निर्णय नियम, ビジネス判断規則, 商业判断规则

Ancestry path

Objectives Litigation Objectives Litigation Claims Civil Claims Agency & Vicarious Liability Principal-Agent Liability Corporate and Partnership Liability Claims

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