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1.What is the business judgment rule?
2.What are the exceptions to the business judgment rule? Give examples of each
3.What are the consequences if the corporate veil is pierced?
4.What are the different types of piercing? Give examples of each
5.What is the effect if a corporation enters into a contract with its directors or trustees? What are the conditions for the exception to apply?
6.Can corporations with interlocking directors enter into a contract with one another? Why or why not?
7.In your opinion, what are the top 5 most important powers of a corporation? explain each and state why it is important.
8.What are ultra vires acts?
9.Give the effects of an ultra vires act.
10.What is an appraisal right? What is the importance of an appraisal right?
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