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/) If you enjoy the podcast, we'd love a nice review and/or rating on Apple Podcasts (https://itunes.apple.com/us/podcast/bar-exam-toolbox-podcast-pass-bar-exam-less-stress/id1370651486) or your favorite listening app. And feel free to reach out to us directly. You can always reach us via the contact form on the Bar Exam Toolbox website (https://barexamtoolbox.com/contact-us/). Finally, if you don't want to miss anything, you can sign up for podcast updates (https://barexamtoolbox.com/get-bar-exam-toolbox-podcast-updates/)! Thanks for listening! Alison & Lee