Doug is the vice president of product development for a corporation that makes flavored honey. doug proposes to the board that they approve three new products: chili-flavored honey, seaweed-flavored honey, and black-licorice honey. doug and his team have market tested the flavors and they received positive reviews from focus groups. the board approves the flavors, which then fail miserably and cost the company thousands of dollars. if some shareholders sue the board for its decision to market the flavors, the board most likely will:
a. not be held responsible because of the business judgment rule.
b. not be held responsible because of the duty of loyalty.
c. be held responsible because of the business judgment exception.
d. be held responsible for letting such horrible flavors go to market.