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Essay

shlensky vs wrigley

Essay specific features

 

Issue:

Business

 

Written by:

Carol W

 

Date added:

October 25, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

9 / 2307

 

Was viewed:

728 times

 

Rating of current essay:

 
Essay content:

To help directors and officers meet these challenges without fear of liability, courts have given substantial deference to the decisions the directors and officers must make. Under the business judgment rule, the officers and directors of a corporation are immune from liability to the corporation for losses incurred in corporate transactions within their authority, so long as the transactions are made in good faith and with reasonable skill and prudence...
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v. Pennsylvania R. Co., 61 F. Supp. 905 (D.C. Pa. 1945). In Otis, a shareholder's derivative action alleged that corporate directors failed to obtain the best price available in the sale of securities by dealing with only one investment house and by generally neglecting to "shop around" for the best possible price, resulting in a loss of nearly half a million dollars...
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General issues of this essay:
Shlensky v. Wrigley shlensky vs wrigley Board of Directors Duty lockheed martin board of directors. Corporate Governance And Board Of Directors U.S. Supreme Court Supreme Court The Supreme Court Abortion and the Supreme Court Supreme Court Justice FDR Supreme Court Packing Conformation to the Supreme Court Atwater vs. Supreme court Bush and the supreme court Supreme Court in a Democracy
 

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