Brice Is on the Board of Success Corporation

Multiple Choice

Brice is on the board of Success Corporation.Eager Corporation has made a move to acquire Success.Tina,the president of Success advises the board that the offer made by Eager is a good one that should be accepted.She did not disclose,however,that Eager had offered her a generous bonus if she could convince the board members of Success to take Eager's offer.Brice tells the other board members that they should simply rely on Tina because she is probably right,and under the business judgment rule they are protected even if she is wrong.Which of the following is true regarding Brice's advice?

A) Brice is correct.
B) Brice is correct only if the directors of Success had been soliciting offers,and Tina was charged with reviewing them.
C) Brice is incorrect unless it can be established that Tina has prior experience in mergers and acquisitions.
D) Brice is incorrect because no statement made by an officer is entitled to blind reliance.