Answer the following questions:

PharmaChem Drug Co. has been producing a drug that had shown great promise in treating depression.Corporate managers relied on scientists and doctors in developing the drug and the FDA subsequently approved the drug.Due to some unanticipated side effects caused by the drug, 100 consumers have suffered heart damage and have sued the corporation.

• Do the directors and officers have any liability for the damages?
• Discuss fully and identify the name of the principle that governs your answer.
• Would your answer be different if one of the managers hid information they learned about the drug during development? Why or why not?