he main plant facility belonging to Hunter, Inc. needed updated equipment. Hunter's board of directors decided that the best financial strategy was to issue 10,000 shares of stock with a par value of $1 per share and a fair value of $15 per share in exchange for the equipment. The equipment was worth only $100,000. The stock was recorded as issued for $10 per share. A. The directors are liable to the corporation for $50,000 if a shareholder files a lawsuit. D. Hunter's directors are not liable if they merely made an error of judgment. C. The directors are only liable if they committed fraud or gross negligence. B. Hunter's new shareholders are liable to the corporation or its creditors for $50,000