Answer the following statement(s) true (T) or false (F)
1. The board of directors carries out the day-to-day affairs of the business.
2. Both the board of directors and the shareholders must approve a sale of assets outside the ordinary course of business.
3. A shareholder derivative suit is filed when the directors have refused to take action against a third party.
4. A franchise is a contract which provides the franchisee access to the methods, marketing, trademark and licenses of the franchisor.
5. Blue sky laws are state securities law, from which publicly traded companies are exempt.
1. False
2. True
3. True
4. True
5. True
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What is the legal question that needs to be researched and resolved?
A) facts B) the issue C) a true piece of information D) the conclusion
Marisol and her family are watching a fireworks display at Wonder World, a privately owned amusement park. The park is crowded and they decide to watch from an unguarded restricted area. During the display, a fireworks rocket sputters from its intended path and hits Marisol, causing her burns on her face and arm. What are the potential tort theories of recovery that Marisol might allege? What defenses does Wonder World have to each of these causes of action?
What will be an ideal response?
The major impetus for introducing the principles of equitable distribution was?
A. ?the increase in cohabitation. B. ?the demise of common law marriage in most states. C. ?weaknesses in community property laws. D. ?recognition of the value of domestic contributions to the marriage.
The changes and updates to existing spreadsheet programs are often made to maintain ________, but minimize the number of ________ required
a. features; functions b. formulas; keystrokes c. functions; keystrokes d. keystrokes; functions