7. Donald Jones is CEO of Medical Supply Corporation (MSC). Donald also likes to dabble in commercial real estate. MSC is looking to open a third office in Fort Worth and Donald happens to own-through his wholly-owned company, DJ Properties-an office complex in the area in which MSC is interested. As CEO of MSC, Donald enters into a lease agreement with DJ Properties and agrees, on behalf of MSC, to pay $40,000 per month in rent. Later, a shareholder learns of this arrangement, challenges its validity, and claims that $40,000 per month is outrageously high. Donald continues to insist the arrangement is appropriate and, even more, that the business judgment rule protects his decision. Who's right? Explain. Did Donald violate any duties to MSC? Does the business judgment rule apply in these circumstances