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- Duty_of_care_(business_associations) abstract "For the English law, see duty of care in English law. For Duty of care in the Tort context, see Duty of care.In United States corporation and business association law (particularly Delaware law and the Revised Model Business Corporation Act), a duty of care is part of the fiduciary duty owed to a corporation by its directors. The other aspects of fiduciary duty are a director's Duty of Loyalty and (possibly) duty of good faith. Put simply, a director owes a duty to exercise good business judgment and to use ordinary care and prudence in the operation of the business. They must discharge their actions in good faith and in the best interest of the corporation, exercising the care an ordinary person would use under similar circumstances.Directors' decisions are typically protected under the business judgment rule, unless they breach one of these duties or unless the decision constitutes waste. A breach of fiduciary duty will typically remove a director's decision from business judgment protection and require that the director show entire fairness.".
- Duty_of_care_(business_associations) wikiPageID "8470042".
- Duty_of_care_(business_associations) wikiPageLength "3873".
- Duty_of_care_(business_associations) wikiPageOutDegree "19".
- Duty_of_care_(business_associations) wikiPageRevisionID "610260865".
- Duty_of_care_(business_associations) wikiPageWikiLink Business_judgment_rule.
- Duty_of_care_(business_associations) wikiPageWikiLink Caremark_(court_decision).
- Duty_of_care_(business_associations) wikiPageWikiLink Category:Equity_(law).
- Duty_of_care_(business_associations) wikiPageWikiLink Category:United_States_corporate_law.
- Duty_of_care_(business_associations) wikiPageWikiLink Corporation.
- Duty_of_care_(business_associations) wikiPageWikiLink Delaware.
- Duty_of_care_(business_associations) wikiPageWikiLink Duty_of_Loyalty.
- Duty_of_care_(business_associations) wikiPageWikiLink Duty_of_care.
- Duty_of_care_(business_associations) wikiPageWikiLink Duty_of_care_in_English_law.
- Duty_of_care_(business_associations) wikiPageWikiLink Duty_of_good_faith.
- Duty_of_care_(business_associations) wikiPageWikiLink Duty_of_loyalty.
- Duty_of_care_(business_associations) wikiPageWikiLink English_law.
- Duty_of_care_(business_associations) wikiPageWikiLink Entire_fairness.
- Duty_of_care_(business_associations) wikiPageWikiLink Fiduciary.
- Duty_of_care_(business_associations) wikiPageWikiLink Fiduciary_duty.
- Duty_of_care_(business_associations) wikiPageWikiLink In_re_Caremark_International_Inc._Derivative_Litigation.
- Duty_of_care_(business_associations) wikiPageWikiLink Law.
- Duty_of_care_(business_associations) wikiPageWikiLink Model_Business_Corporation_Act.
- Duty_of_care_(business_associations) wikiPageWikiLink Revised_Model_Business_Corporation_Act.
- Duty_of_care_(business_associations) wikiPageWikiLink Revlon,_Inc._v._MacAndrews_&_Forbes_Holdings,_Inc..
- Duty_of_care_(business_associations) wikiPageWikiLink Smith_v._Van_Gorkom.
- Duty_of_care_(business_associations) wikiPageWikiLink Unocal_Corp._v._Mesa_Petroleum_Co..
- Duty_of_care_(business_associations) wikiPageWikiLink Weinberger_v._UOP,_Inc..
- Duty_of_care_(business_associations) wikiPageWikiLinkText "Duty of care (business associations)".
- Duty_of_care_(business_associations) wikiPageWikiLinkText "due care".
- Duty_of_care_(business_associations) wikiPageWikiLinkText "duty of care".
- Duty_of_care_(business_associations) hasPhotoCollection Duty_of_care_(business_associations).
- Duty_of_care_(business_associations) wikiPageUsesTemplate Template:Citation_needed.
- Duty_of_care_(business_associations) wikiPageUsesTemplate Template:Companies_law.
- Duty_of_care_(business_associations) wikiPageUsesTemplate Template:Reflist.
- Duty_of_care_(business_associations) subject Category:Equity_(law).
- Duty_of_care_(business_associations) subject Category:United_States_corporate_law.
- Duty_of_care_(business_associations) comment "For the English law, see duty of care in English law. For Duty of care in the Tort context, see Duty of care.In United States corporation and business association law (particularly Delaware law and the Revised Model Business Corporation Act), a duty of care is part of the fiduciary duty owed to a corporation by its directors. The other aspects of fiduciary duty are a director's Duty of Loyalty and (possibly) duty of good faith.".
- Duty_of_care_(business_associations) label "Duty of care (business associations)".
- Duty_of_care_(business_associations) sameAs m.0274m3k.
- Duty_of_care_(business_associations) sameAs Q5317577.
- Duty_of_care_(business_associations) sameAs Q5317577.
- Duty_of_care_(business_associations) wasDerivedFrom Duty_of_care_(business_associations)?oldid=610260865.
- Duty_of_care_(business_associations) isPrimaryTopicOf Duty_of_care_(business_associations).