Study guides, Class notes & Summaries

LAW 531 Final Exam As of August 2016 University of Phoenix 25/30 (83.3%) 1. Ted is the president of Soprano Corporation (SC). Ted decided to have SC manufacture large, gas- guzzling SUV automobiles just before gasoline prices rose dramatically. As a result, SC lost billions of dollars. The shareholders of SC want to sue Ted for this bad decision that cost them billions. However, Ted had made a reasonable investigation before making this decision, he had a rational basis for it, & he had no co...