Question 39 5 pts Ted invented a fresh-tasting cola and started a small home business in 2014. After about 9 months, Ted decided that if he wanted to grow beyond his current market, he would need to find some investors to raise capital for a suitable manufacturing site and a marketing campaign. Nora and Bob invested in Ted's business, and the three of them formed and became shareholders in Frosty Cola Corporation ("Frosty"). Ted, Nora, and Bob own an equal number of shares in and serve as directors of Frosty. 1. As directors, Ted, Nora, and Bob make many decisions for Frosty. How are they protected from personal liability for such decisions? (3 points) 2. In 2017, Bob alleged that Ted had diverted Frosty's assets and opportunities to ReFresh Cola Corp., a corporation owned solely by Ted's wife, Sally. Ted denies the allegations. a. What lawsuit would Bob file to recover the losses? (1 point) b. Who will receive the damages from the lawsuit if any are awarded? (1 point)