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Exam 1—Part 3 ESSAY Read the following news post: https://www.tweaktown.com/news/84173/law-firms-investigate-motivations-behind-activision-blizzard-buyout/index.html Reflect on this post considering...

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Exam 1—Part 3 ESSAY
Read the following news post: https:
www.tweaktown.com/news/84173/law-firms-investigate-motivations-behind-activision-blizzard-buyout/index.html Reflect on this post considering the three fundamental duties of a board of directors mentioned in our online textbook Governing Corporations. Answer the following questions:
· What are the three fundamental duties of the members of a board of directors outlined in our online textbook Governing Corporations? See link below Name each duty and provide a
ief definition.
· Which of the three fundamental duties outlined in Governing Corporations do the plaintiffs of the lawsuits against Activision Board of Directors believe the board members violated? Why? Support your answers with information from our online textbook.
· Do you agree with the plaintiff’ assertions? Why or why not? Support your answer.
It should consist of approximately XXXXXXXXXXwords. Your essay should be in business report format:  single spaced, 12 pt. font, one-inch margins, i.e. formal business writing with proper grammar and punctuation. You should include appropriate parenthetical citations and a Works Cited page in APA style. Note that for business report format, paragraphs should not be indented and there should only be double spaces between paragraphs. 
https:
2012books.lardbucket.org
ooks/governing-corporations/s06-recent-u-s-governance-reforms.html
Answered 1 days After Feb 04, 2022

Solution

Deblina answered on Feb 05 2022
114 Votes
Governing Corporations         3
GOVERNING CORPORATIONS
Table of Contents
Fundamental Duties of the Board of Directors    3
Fundamental Duties Violated    3
Plaintiff Assertion    3
References    4
Fundamental Duties of the Board of Directors
The three fundamental duties of the board of directors that the law includes are Duty of Care, Business judgment rule, and duty of loyalty. Duty of care is refe
ed to as the most important duty of the board of directors in the corporation. It includes a reasonable inquiry as an ordinarily prudent person in a like position would use under similar circumstances. The business judgment rule works in collaboration with the duty of care (Orts, 2019). According to this duty, a...
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