Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:law
|
| gptkbp:appliesTo |
gptkb:Board_of_Trustees
corporate law |
| gptkbp:excludes |
gptkb:fraud
self-dealing illegality |
| https://www.w3.org/2000/01/rdf-schema#label |
business judgment rule
|
| gptkbp:limitation |
liability of directors
|
| gptkbp:originatedIn |
gptkb:United_States
|
| gptkbp:prevention |
courts from second-guessing business decisions
|
| gptkbp:protectedBy |
corporate directors
officers of corporations |
| gptkbp:purpose |
encourage risk-taking by directors
|
| gptkbp:relatedTo |
fiduciary duty
|
| gptkbp:requires |
good faith
informed decision no conflict of interest |
| gptkbp:usedIn |
gptkb:Australia
gptkb:Canada gptkb:United_Kingdom Delaware corporate law |
| gptkbp:bfsParent |
gptkb:Unocal_v._Mesa_Petroleum_Co.
|
| gptkbp:bfsLayer |
7
|