Shannon is an officer for Turista Shirts Corporation. Due to a bad business decision on Shannon's part, the company's sales decrease. Shannon is most likely liable for breach of

A) the business judgment rule
B) the duty of care.
C) the duty of loyalty.
D) none of the choices.


D

Business

You might also like to view...

Peter, the owner of a local real estate agency, is even more committed to making the used copier, which he recently purchased, work even though it keeps jamming, and his employees have been telling him about other problems they have been having with the copier. The ______ affects Peter's decision making.

A. framing effect B. narrow focus bias C. anchoring and commitment bias D. escalation of commitment bias E. fog effect

Business

Men may talk in a ______ voice and are likely to stand or sit with their hands on their belt.

Fill in the blank(s) with the appropriate word(s).

Business

Apple hosts a large number of ________, which become customers' primary source of product information after warranties expire and are organized by product lines and type of user (consumer or professional)

A) niche networks B) social networks C) microblogs D) blogs E) online communities

Business

Xavier and Yolonda have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 10%, salary allowances of $27,000 and $18,000 respectively, and the remainder equally. How much of the net income of $40,000 is allocated to Xavier?

A) $20,000 B) $22,000 C) $32,000 D) $0

Business