In which of the following cases would the business judgment rule be most likely to protect directors of a corporation? A. The directors of QuickClips increase the pricing structure of their mail-order DVD service based on extensive market research, but then the company nearly goes bankrupt when customers revolt against the new pricing. B. A director of Office Strategies, Inc., convinces a friend in the marketing industry to fabricate research supporting the director's pet project at Office Strategies, which turns out to drain the company's profits. C. The directors of Impact Media, Inc., agree to merge with Dynamic Pictures based on a valuation estimate provided by Dynamic's bankers and later discover the valuation provided was considerably lower than market levels. D. A director of C2U Chemicals, Inc., who is also a consultant at McKinsey & Company, helps negotiate a consulting engagement with McKinsey on behalf of C2U, which later results in a breach of contract suit between the companies.
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In which of the following cases would the business judgment rule be most likely to protect directors...
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