Directors and officers are liable to third parties only if they commit an intentional tort such as fraud

Indicate whether the statement is true or false


T

Business

You might also like to view...

When you're planning a negative message, ________ in order to minimize the damage to business relationships and encourage acceptance of your message

A) analyze the situation carefully B) be direct at all times C) emphasize your needs and concerns D) quote the policies and regulations of your company E) avoid stating the bad news in the message

Business

Which of the following statements is correct concerning interest expenditures incurred during the period of construction of capital projects?

A. The capitalization of interest expenditures as part of the cost of general capital assets reported in the capital projects fund is optional. B. Interest expenditures must be capitalized as part of the cost of general capital assets reported in the capital projects fund. C. Interest expenditures may not be capitalized as part of the cost of general capital assets reported in governmental activities. D. Interest expenditures may be capitalized as part of the cost of general capital assets reported in the governmental activities accounts at the government-wide level.

Business

Martin operates an ABC franchise.  Recently the franchisor has attempted to make changes to the contract that would increase Martin's costs so as to make the business unprofitable.  The franchisor is engaging in:

A. master licensing. B. encroachment. C. due diligence. D. churning.

Business

All else held equal, socially responsible firms:

A. are viewed more favorably by consumers. B. enjoy significantly higher profits. C. often experience customer loyalty problems. D. fail to earn sufficient profits for their owners.

Business