Statement 1. The members of the board of directors are jointly and severally liable Statement 2. The members of the board of trustees are jointly and severally liable if they are guilty of gross negligence or bad faith in directing the affairs of the corporation if they acquire any personal or pecuniary interest in conflict with their duty Select one: a. Statement 1 is true: Statement 2 is true b. Statement 1 is false: Statement 2 is false c. Statement 1 is true: Statement 2 is false d. Statement 1 is false: Statement 2 is true