13. In ASIC v Adler [2002] NSWSC 171 the court accepted Adler's defence based on the business judgement rule holding that the $10 million received by Pacific Eagle Equity Pty Ltd from the HIH subsidiary HIHC did not amount to a material personal interest because the funds were received by a corporate entity and not by Adler personally. Select one of the following: A. True B. False