Which of the following would be likely to result in liability to a director of a textile company?
a. The director sells stock in the textile company before a merger is announced.
b. The director uses the corporation's offices to buy and sell his own investment securities.
c. The director owns stock in an automobile company.
d. The director agrees to hire as president a man he has not personally investigated.
e. Both the director sells stock in the textile company before a merger is announced and the director uses the corporation's offices to buy and sell his own investment securities.
e
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Which of the following deal with transaction legitimacy?
a. transaction authorization and validation b. access controls c. EDI audit trail d. all of the above
Individuals who believe that nonprofit organizations should apply business methods of management perceive nonprofit organizations as ______.
A. social institutions B. government institutions C. social enterprises D. education institutions
Union Pacific Corporation (ticker: UNP on NYSE) owns transportation companies. Its principal operating company, Union Pacific Railroad Company, links 23 states across the country
After studying UNP's financials, you predict the future return on investment to be 8%. The risk free rate is 4.5%, the expected market return is 10% and UNP's beta is 0.6. Which of the following statements is true about UNP? A) Equilibrium return < anticipated return, stock is undervalued B) Equilibrium return > anticipated return, stock is overvalued C) Equilibrium return > anticipated return, stock is undervalued D) Equilibrium return < anticipated return, stock is overvalued E) Equilibrium return = anticipated return, stock properly valued
To understand how well an economic system is doing, which of the following measurements is utilized?
a. profit b. gross domestic product c. market share d. the volume of the product produced e. unemployment