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Question
Matrix Corporation's board of directors decide not to outsource U.S. jobs to China, even though it would cut their labor costs by 50%, in order to preserve the interests of the local community. Shareholders sued the directors for failing to maximize profits. Under current U.S. law, the directors:
A. are immune from this suit.
B. are clearly liable.
C. are liable unless they put the interest of the shareholders above all other interests.
D. are liable unless granted immunity by a federal prosecutor.
Answer
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Related questions
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