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The business judgment rule is invoked in lawsuits when a director of an organization takes an motion that affects the corporation, and a plaintiff sues, alleging that the director violated the obligation of care to the company. The solely odd choice made by the opposite was to put the chapters dealing enterprise entity types in the midst of the text. Given that so many different topics stem from this, it will appear to be extra logical and intuitive to put this as one of many earliest matters mentioned. CommentsThis book can be utilized in several methods – both in its entirety in a Business Law class or, as I actually have accomplished, use individual chapters in a OER class the place supplies from numerous sources are used throughout the semester.
I love that this textbook includes a chapter on insurance coverage which is such an important risk administration idea to understand within the enterprise world. Other Business Law textbooks I have used haven’t coated insurance, so I appreciated this addition. Chapter 8 is introduction to contract regulation, and then there are separate chapters on the agreement, real assent, consideration, treatments (e.g. necessities to have a valid contract), and then chapter fifty three, the final chapter, is about contracts.
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