Emma is a director of Fab Styles Corporation. Without informing Fab, Emma goes into business with GR8 Trends, Inc, in competition with Fab. Emma is li-able for breach of
A) none of the choices
B) the business judgment rule.
C) the duty of care.
D) the duty of loyalty.
D
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Which of the following interviewer characteristics is described as "empathizes with a respondent and tailors the presentation accordingly"?
A) pride B) aptitude C) command D) third ear E) ethics
Pamela Lafontaine had a newsstand at the corner of Sixth and Main. She sold her property to a developer who was building a mall, and then leased space in the mall to run a newsstand. After about a year, Pamela's business began to deteriorate
She discovered that a large pharmacy in the mall was selling newspapers and magazines, although it was a term of its lease that it would only carry on the business of a pharmacy. Which of the following is TRUE? A) Although Pamela does not have an exclusivity clause in her lease, it is only fair and just that the landlord would not allow one tenant to interfere with another tenant's ability to carry on its business. B) Pamela can bring an action against the pharmacy for interference with economic relations. C) The landlord may be able to stop the pharmacy from selling newspapers on the basis that it is in breach of its permitted use clause, but the pharmacy could argue this activity falls within its normal business. D) In the absence of an exclusivity clause, Pamela likely has no recourse against the landlord. E) both C and D
According to the text, we don’t always hear about the reasons for business failures because ______.
a. expressing the emotions of failure are difficult so people do not talk about the failure b. people may be unaware of their role in the failure c. people blame external reasons for their failure d. no one is interested in hearing about failures
Cost of goods sold represents the cost of buying and preparing merchandise for sale.
Answer the following statement true (T) or false (F)