Ernst is a director of fine art dealers, inc. ernst is trained in art valuation. fine art makes several purchases in which it pays too much for artwork. ernst approves all the transactions without reading the details. ernst is most likely liable for breach of: a. the duty of care.

b. none of the choices.

c. the duty of loyalty.

d. the business judgment rule.

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.