Corporation's property was sold for P10M while an adjacent property was sold for P30M. The Board in a meeting decided to sell one of the corporation's properties for P10M. All of the Board except one approved the sale. The following day, a property owned by somebody else which is adjacent to the property recently sold by the corporation was able to sell it for P30M. The director who did not approve the earlier sale now questioned the sale approved by the Board. The Board argued that the said sale was fair and reasonable. That director was mad because he was the lone dissenter and now he wants to vindicate himself. Question 1: What could happen? If you were the one who approved, how would you answer the dissenting stockholder? Question 2: In the illustration above, what is/are the liability/ies of the directors?