Regarding employee stock options (ESOs), which of the following is not true?
a. The exercise price is the price specified in the stock option contract for purchasing the common stock.
b. The vesting date is the first date employees can exercise their stock options.
c. The exercise date is the date employees exchange the option and cash for shares of common stock.
d. The market price is the price of the stock as it trades in the market.
e. A vesting period that depends on the firm's stock price reaching a specified target is a performance condition.
E
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Musa has just finished taking and passing the bar exam. As part of the process of graduating and getting her degree, she takes an oath that all U.S. attorneys take. What should taking this oath suggest to her about the related profession?
a. Being an attorney is a calling that requires moral action in its duties. b. The act of being an attorney has no moral rules, and so she must make an oath to bring them into the job with her. c. The public has very little trust for attorneys, and such an oath is necessary to mollify them. d. The legal profession is inherently corrupt, and oaths are necessary to increase moral behavior.
Stephanie Miller, factory manager at Stratford Manufacturing, told his shift supervisor, "Billy, our target reject rate is 1.5 percent or less. Your shift usually does a lot better than that, but your reject rate has been averaging 3 percent for the past month. That's unacceptable." Stephanie has identified a
A. performance gap. B. unfreezing. C. force field analysis. D. refreezing. E. loophole.
A court can dismiss a debtor's petition for a Chapter 13 adjustment if the circumstances indicate bad faith.?
Indicate whether the statement is true or false
The North American Industry Classification System (NAICS) designates industries with a numerical code in a defined structure. A six-digit coding system is used. The fourth digit designates a(n)
A. specific industry. B. industry group. C. individual country-level national industry. D. sector of the economy. E. industry subsector.