Business Judgment Rule legal definition of Business Judgment Rule
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. The Delaware Supreme Court held that the directors failed to fulfill their duty to preserve the company by not maximizing the sale value of the company for the benefit of its shareholders
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Idioms and phrases
The Cambridge International Dictionary of Idioms explains over 7,000 idioms current in British, American and Australian English, helping learners to understand them and use them with confidence. The Cambridge Dictionary of American Idioms, based on the 200 million words of American English text in the Cambridge International Corpus, unlocks the meaning of more than 5,000 idiomatic phrases used in contemporary American English
British English and American Pronunciation Hear the words spoken online with thousands of recordings: Try listening to the two different pronunciations for the word sanctuary. Learn how to use the word Thousands of natural example sentences that show how the word is used in context: The entry for the verb protest shows that it is used with the preposition against
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