There are to picture attachments, please read the case and answer the questions.1 to 3 for first picture 4 and 5 for second picture. 1.Did Ringo have standing to bring the lawsuit at the time that it was filed? Why or why not?2.After the new Board of Directors met and voted that the lawsuit was not in the best interest of the corporation, did Ringo have standing to continue to maintain the lawsuit? Why or why not ?3.Did George, Paul and John violate their duty of care to Herbal Delight, Inc. by purchasing NewHair? Was their decision protected by the business judgment rule? Why or why not?4.Does Oregon’s law satisfy the due Process Clause? Why or why not?5.Does Oregon’s law satisfy the Commerce Clause? Why or why not?
