In the case in the text,Omnicare,Inc.v.NCS Healthcare,Inc. ,the court held that:

A) the business judgment rule was irrelevant in its determination of whether the voting agreement was valid and enforceable.
B) the agreements were not valid and enforceable because reasonable doubt was raised as to whether the directors acted in good faith.
C) the agreements were not valid and enforceable because the directors were able to shield themselves from liability under the business judgment rule.
D) under the circumstances of the case,only the merger agreement was valid and enforceable.

Question

Bruce Ngumo · Accepted Answer

Final Answer : B, Explanation :  The court considered whether the merger agreement and voting agreements were valid and enforceable.In applying the business judgment rule,the court ultimately held that the agreements were not valid and enforceable because reasonable doubt was raised as to whether the directors acted in good faith.

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