In most states, a corporation may, with shareholder approval, limit the liability of directors for some breaches of the duties which they owe to the corporation
Indicate whether the statement is true or false
True
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Describe the three levels of corporate social responsibility available to organizations.
What will be an ideal response?
______ applies to employers who provide a group retirement plan and/or group health and welfare plans, including medical, dental, vision, life insurance, and others.
A. Employee Retirement Income Security Act B. Unemployment Insurance C. Consolidated Omnibus Budget Reconciliation Act D. Social Security
In the context of Maslow's hierarchy of needs theory, the scenario that reflects the fulfillment of the self-actualization needs of an employee is him or her:
A. participating in a fun team activity. B. participating in a campaign to feed the poor. C. availing the gym facility at his or her workplace. D. experiencing a positive work culture.
Intoxicated but fully aware of the consequences, Cory agrees to a two-year service contract with Signal Maintenance, Inc, at more than the average market price. This contract is? A)?enforceable
B)?not enforceable because contracting parties can change their minds. C)?not enforceable because the contract clearly favors Signal. D)?not enforceable because Cory was intoxicated when he agreed to it.