1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ludmilka [50]
3 years ago
13

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
Social Studies
1 answer:
telo118 [61]3 years ago
5 0

Bruno and the board of directors defend themselves in an action brought by shareholders for harming the corporation is The Business Judgment Rule.

Answer: Option C

<u>Explanation:</u><u> </u>

In the case that has been shown above is harming the board of the directors. They can protect them selves with the business judgement rule. In this rule, the managers or the directors of the business are protected who have a good image for the working of the company.

This rule does not take into consideration what the matter is but protects he directors and the managers, so they should use this rule to protect them selves and Bruno from the share holders.

You might be interested in
In a case where a man sues a corporation for unsafe business practices, he will have to meet what burden of proof? a. Under the
FromTheMoon [43]

Preponderance of evidence is the burden of proof  lies on the plaintiff/the person suing in the case.

<h3 /><h3>What is preponderance of evidence?</h3>

This type of evidence is used in civil cases where the burden of proof lies on the person who sues, i.e. the plaintiff. The evidence must be credible and convincing as compared to other party of the case.

So in the above statement when a man sues a corporation regrading unsafe business practices he has the burden of proof under preponderance of evidence.

Therefore, option b aptly describes the burden of proof.

Learn more about preponderance of evidence here:

brainly.com/question/15023647

6 0
2 years ago
Which verb means drink slowly?
Darina [25.2K]

Answer:

tipple

Explanation:

yw

7 0
2 years ago
What is the currency of kenya?
Marta_Voda [28]
It is the Kenyan shilling
8 0
3 years ago
Read 2 more answers
Highlight 4 measures that have been taken by the government of Ghana
xz_007 [3.2K]

Answer: nformation technology is playing a key role in enhancing agricultural production in Ghana. Beyond vehicular machines, farmers have started using modern technologies to enhance productivity. ... Through these platforms, farmers have access to and can pay for weather forecasts and market prices

Ghana has developed its technology to produce solutions and increasing more today than ever three years ago. The Ghanaians are young and flourishing constantly learning new things and adding programs to their hub for technological development to continue growing, developing and improving.

4 0
2 years ago
In general, environmentalists believe that governments should ________.a. lower corporate taxes b. deregulate corporations c. pr
Alchen [17]

Answer:

c. promote social and environmental justice

Explanation:

  • The environmentalist believes that the governments should set up a program that set forth and promotes the social and the environmental laws and the Justice
  • To the environment and also creates set of standards that help protect and safeguard the interest of the planet and the atmosphere and thus thereby are enforced to protect the environment of the country.
4 0
3 years ago
Other questions:
  • Polls cited in the text find that americans are less concerned today about immigration
    13·1 answer
  • How can you determine if the news is true or fake ? ​
    12·1 answer
  • What is the major objectives of social organization?​
    6·2 answers
  • (Citizenship 02.05 HC) Imagine that people from around your state camp out in the state capital's public parks and organize prot
    14·2 answers
  • HELP ASAP - Will give brainliest!!
    11·1 answer
  • Why do certain mountains have rounded peak?no options because this is short answer question​
    12·1 answer
  • Which of the following are producers? * a.plants<br> b.humans<br> c.snakes<br> d.birds
    14·2 answers
  • Roman generals improved on Greek military strategies by using legions
    12·1 answer
  • Select the career fields to which a degree in animal
    9·1 answer
  • Major grade please make sure it is right I will brain list it
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!