B and C are directors of Large Corp. In the last few months, the Large Corp. board has been called upon to make several decisions relating to Large Corp. transactions with other companies with which B and C have substantial relationships, and from which B and C have derived a personal benefit. In addition, it has come to light B is successfully exerting considerable pressure on C in connection with C's board decisions. Shareholder X argues that the decisions of B and C should be reexamined. B and C both disagree. Who is right?

Group of answer choices

a Shareholder X, because both B and C are interested directors, and C is not an independent director.

b B and C, because neither B nor C is an interested director, and B is an independent director.

c B and C, because B is an interested director and neither B nor C is an independent director.

d Shareholder X, because both B and C are interested and independent directors.

Cindy is a director and an officer of Development, Inc., a large, national property development company. Development, Inc., is going to be merged into Wide, Inc. The Development, Inc., board of directors reviews the confidential merger agreement sent to them by Wide, Inc. One of the terms of merger agreement is that Cindy will be an officer in the surviving company, Wide, Inc. Maintaining her position as a corporate officer in the surviving company is very important to Cindy. The Development, Inc., board votes unanimously to forward the basic price facts relating to the merger to the Development, Inc., shareholders with their official board recommendation that the shareholders approve the merger. After the Development, Inc. shareholders approve the merger, a disgruntled Development, Inc., shareholder challenges, among other things, Cindy's board vote in favor of recommending shareholder approval. Who will prevail?

Group of answer choices

a Cindy, because she is not an independent director.

b Cindy, because she is not an interested director.

c The plaintiff shareholder, because Cindy is an independent director.

d The plaintiff shareholder, because Cindy is an interested director.