Metro Credit Corporation lends to borrowers to finance the construction of new houses and the sale and purchase of existing homes.Despite a decline in the housing market and other "red flags," Metro's directors do not change the lending practices of the firm,which suffers significant losses.The directors are most likely liable for a breach of
A)no duty,right,or rule
B)the business judgment rule.
C)the duty of loyalty.
D)the right of compensation.

Question

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The Answer of Metro Credit Corporation lends to borrowers to finance the construction of new houses and the sale and purchase of existing homes.Despite a decline in the housing market and other "red flags," Metro's directors do not change the lending practices of the firm,which suffers significant losses.The directors are most likely liable for a breach of
A)no duty,right,or rule
B)the business judgment rule.
C)the duty of loyalty.
D)the right of compensation.

Metro Credit Corporation Lends to Borrowers to Finance the Construction