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Practically, the enterprise judgment rule is a presumption in favor of the board. As such, it’s sometimes known as the “business judgment presumption.” Mayer, Warner, Siedel and Lieberman’s Foundations of Business Law and the Legal Environment is an up-to-date textbook with complete coverage of authorized and regulatory issues for your introductory Legal Environment or Business Law course. Appropriately complete for a lower undergraduate course in the subject. One noticeable omission is any serious discussion of intellectual property points each of which likely advantage a section of their own in a text like this. Sherman Act specifically is used to prevent monopolies and to limit enterprise actions that have an effect on … Read More
