Question
Tom is the president of Dato's corporation. drew decided to have lotus manufacture large, non-fuel-efficient sport utility vehicles just before gasoline prices rose dramatically. as
Tom is the president of Dato's corporation. drew decided to have lotus manufacture large, non-fuel-efficient sport utility vehicles just before gasoline prices rose dramatically. as a result, Dato lost a significant percentage of its automotive market share.
Dato shareholders want to sue drew for his bad decision that cost them millions of dollars. however, Tom made a reasonable investigation before making this decision, he had a rational basis for it, and he had no conflicts of interest regarding this decision which of the following is the most likely outcome if the shareholders file a lawsuit against Tom?
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