Gil is an officer for HVAC Corporation. Due to a bad choice of supplier on Gil's part, HVAC's costs increase. Gil is most likely liable for breach of

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Quizplus · Accepted Answer

Gil's decision, even if it resulted in increased costs, does not necessarily constitute a breach of trust and confidence, a breach of the business judgment rule, or negligence/mismanagement without further evidence of bad faith, lack of due diligence, or violation of company policies. The business judgment rule often protects officers and directors when they make decisions that turn out poorly, as long as those decisions were made in good faith, with the care that an ordinarily prudent person would use, and in a manner they reasonably believe to be in the best interests of the corporation.

Gil Is an Officer for HVAC Corporation