Would the business judgment rule protect donald trump

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1. What would the default be if you did not have an express agreement and did not choose a specific form of business organization? What liability would you have for any contracts or torts done for the benefit of and in the course of the business?

2. Would the Business Judgment Rule protect Donald Trump and the officers and directors of Trump U from a shareholder derivative action alleging fraud?

3. Does a shareholder derivative action involve piercing the corporate veil?

Reference no: EM131094299

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