What is the main defence for directors and other officers

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Reference no: EM133357609

Question: What is the main defence for directors and other officers who are charged with breaching their duty of care, skill and diligence under Section 180(1) of the Corporations Act 2001 (Cth)? Explain in your own words the Business Judgment Rule under Section 180(2) [Note: for the second part of the question, do not simply copy the wording of Section 180(2) - you will not get credit if you do so.

Reference no: EM133357609

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