answersLogoWhite

0


Best Answer

Uses knowledge and understanding of company and the market place to make sound decisions to achieve financial goals and grow the business.
Business Judgment is the rule stating that directors of corporations will not be held personally liable for unwise business decisions providing that the directors made an informed decision and that decision was not tainted by self-interest.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the definition of commercial judgment?
Write your answer...
Submit
Still have questions?
magnify glass
imp