184: Listen and Learn -- The Business Judgment Rule (Corporations)
Welcome back to the Bar Exam Toolbox podcast! Today, we're discussing a couple of topics that go hand in hand in Corporations essays - the duty of care and the business judgment rule.
In this episode, we discuss:
- A review of the duty of care
- What is the business judgment rule?
- How the business judgment rule can be rebutted
- Analyzing two hypos from previous California bar exams
Resources:
- “Listen and Learn” series (https://barexamtoolbox.com/bar-exam-toolbox-podcast-archive-by-topic/bar-exam-toolbox-podcast-explaining-individual-mee-and-california-bar-essay-questions/#listen-learn)
- The Brainy Bar Bank: Streamlining Bar Study (https://barexamtoolbox.com/brainy-bar-bank/)
- California Bar Examination – Essay Questions and Selected Answers, July 2015 (https://www.calbar.ca.gov/Portals/0/documents/admissions/gbx/July2015_CBXSelectedAnswers_EssayQuestions1-6_R.pdf)
- California Bar Examination – Essay Questions and Selected Answers, October 2020 (https://www.calbar.ca.gov/Portals/0/documents/admissions/Examinations/October-2020-Essay-Selected-Answers.pdf)
- Examples & Explanations: Corporations, by Alan R. Palmiter (https://www.amazon.com/Corporations-Examples-Explanations-Alan-Palmiter/dp/1454802472)
- Podcast Episode 23: Tackling an MEE Corporations Question (https://barexamtoolbox.com/podcast-episode-23-tackling-an-mee-corporations-question/)
- Podcast Episode 35: Tackling a California Bar Exam Essay: Corporations (https://barexamtoolbox.com/podcast-episode-35-tackling-a-california-bar-exam-essay-corporations/)
- Podcast Episode 124: Listen and Learn – Duty of Loyalty (Corporations) (https://barexamtoolbox.com/podcast-episode-124-listen-and-learn-duty-of-loyalty-corporations/)
Download the Transcript
(https://barexamtoolbox.com/episode-184-listen-and-learn-the-business-judgment-rule-corporations/)
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Thanks for listening!
Alison & Lee