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BJR
(redirected from Business judgment rule)

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
AcronymDefinition
BJRBonjour (Tour de France cycling sponsor)
BJRBritish Journal of Radiology
BJRBusiness Judgment Rule (corporate law)
BJRBritish Journalism Review (UK)
BJRBayerische Jugendring (German: Bavarian Youth Council; Bavaria, Germany)
BJRBrad Jones Racing (car racing; Albury, New South Wales, Australia)
BJRBanff Jasper Relay (Canada)
BJRBed Joint Reinforcement (construction)


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To be eligible for the services cost method, a service must be a covered service as defined in the regulations, the service cannot be an excluded activity, the service cannot be precluded from constituting a covered service by reason of the business judgment rule, and adequate books and records must be maintained with respect to the service.
22) Business Judgment Rule Directors are protected against lawsuits asserting deficient conduct by the business judgment rule.
In considering any significant acquisition proposal, directors must comply with the minimum legal duties under the business judgment rule and conscientious directors should do much more.
 
 
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