Which of the following is TRUE?

A) A director must take orders from the president of the company.
B) A director is involved in the day to day running of the company
C) A director is automatically a CEO (Chief Executive Officer) of a corporation.
D) A director may be personally liable for torts that she commits on behalf of the corporation.
E) Both B and D


D

Business

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Transaction costs include all of the following costs, except

A. negotiating costs. B. search costs. C. agency costs. D. monitoring costs.

Business

Under the first-in, first-out (FIFO) method, the cost of equivalent units of production is calculated by ________.

A) summing up only the transferred in costs of each department B) combining beginning inventory costs with current period costs C) considering only the transferred out costs of each department D) accounting for beginning inventory costs separately from current period costs

Business

Explain how a pricing strategy may not change the literal sticker price of a product

What will be an ideal response?

Business

If the dividend amount of preferred stock, $50 par value, is quoted as 8%, then the dividends per share would be $4

Indicate whether the statement is true or false

Business