Roger Is a Director of a Major Car Manufacturer

Roger is a director of a major car manufacturer.This is one of the few remaining car companies yet to introduce a sport utility vehicle.Roger convinces the board to investigate forming a new division to design,build and market a sport utility vehicle.Roger convinces the board that the first sport utility vehicle that the division introduces should be the largest yet sold to the general public.The board establishes a committee to perform product research,and this committee hires a marketing consulting firm.The committee and the consulting firm both have a few reservations about such a large vehicle,but research data demonstrates that the market could most likely support it.After much discussion,the board of directors votes in favor of creating the new division,and offering the huge sport utility vehicle as its first product.The vote was "9 to 6" in favor of the plan.Shortly before this vehicle was introduced,there was a major oil supply disruption that caused the price of crude oil to nearly triple.Only a few of the new sport utility vehicles are purchased,and the company loses considerable money as a result.Discuss Roger's liability for these losses.