Which of the following statements is correct regarding fiduciary duty?

a. A director's fiduciary duty to the corporation may be discharged by merely disclosing his or her self-interest.
b. A director owes a fiduciary duty to the shareholders but not to the corporation.
c. A promoter of a corporation to be formed owes no fiduciary duty to anyone, unless the contract engaging the promoter so provides.
d. A majority shareholder as such may owe a fiduciary duty to fellow shareholders.


.D

Business

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A) Feature/benefit B) Competitive advantage C) News D) Product or service popularity

Business

Which of the following accounts on the manufacturing company work sheet is an asset account?

a. Finished Goods Inventory; b. Factory Overhead; c. Cost of Goods Sold; d. Retained Earnings; e. Capital Stock

Business

Identify the two subcategories of contextual fit

A) demographic fit and program and ad context B) geodemographic fit and program and ad context C) media fit and program and ad context D) media fit and operations context

Business

In FAS (free alongside ship, named loading port), the seller pays all the transportation and delivery expense up to the ship's side and clears the goods for export.

Answer the following statement true (T) or false (F)

Business