Michelson was chairman of the board and chief executive officer of a computer manufacturing firm.When considering whether to purchase CompuPrint,the manufacturer of computer printers,Michelson examined CompuPrint’s financial records,consulted with legal

Michelson was chairman of the board and chief executive officer of a computer manufacturing firm.When considering whether to purchase CompuPrint,the manufacturer of computer printers,Michelson examined CompuPrint’s financial records,consulted with legal and financial experts,and conducted an in-depth study of the marketplace and decided that it would be profitable for his corporation to purchase CompuPrint.If CompuPrint turns out to be a poor investment,and a court hears a case challenging Michelson’s decision,the court will most likely analyze his conduct based on the ________ rule.
A)business judgment
B)insider trading
C)fairness
D)shareholder protection


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