Ursula Is an Executive at a Corporation

Ursula is an executive at a corporation. She becomes angry at her co-owners and begins making bad investments, buying up companies she thinks will soon go bankrupt. When she is sued for a breach of fiduciary duty, can the business judgment rule protect her?

A) Yes, because she was acting within the scope of her authority.
B) Yes, because the business judgment rule protects directors and officers from being held accountable for bad decisions.
C) No, because the business judgment rule is an exception to the fiduciary duty of board members.
D) No, because the business judgment rule does not apply to executives.
E) No, because she did not act in good faith.