A director or officer is liable to the corporation or its shareholders for honest mistakes of judgment and bad business decisions
Indicate whether the statement is true or false
F
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Parallel lines to multiple servers is commonly known as a "Snake"
Indicate whether the statement is true or false
Diane, who is seventeen years old, purchased an auto from Elvira on credit. Florence agreed to act as surety and signed a written surety agreement. At the time of purchase, Diane specifically asked Elvira about the condition of the car's motor and was
told that it had just been replaced with a new one and was in fine condition. This was blatantly untrue, because Elvira knew it was in terrible shape and would only last a short time. The auto has now stopped running and Diane refuses to make any more payments. Elvira is now proceeding against Diane and Florence. What defenses, if any are available to (a) Diane and (b) Florence?
When evaluating strategic fit benefits that related diversification can deliver, one must keep in consideration a number of factors. Which one is not relevant?
A) Shareholder value stemming from a diversified business cannot be replicated by simply owning a diversified portfolio of stocks. B) The capture of cross-business strategic fits benefits is possible only through related diversification. C) Cross-business strategic fit benefits are not automatically realized; the benefits materialize only after management has successfully pursued internal actions to capture them. D) Shareholder value is created when the diversified company's profitability exceeds expectations. E) Related diversification is the process of holding the stock of many businesses in a portfolio.
Sally earned a 10 percent increase in her salary and received the entire increase at the beginning of the year, with the stipulation that she would not leave the company in that year. Five months later, she quit her job and went to work for a competitor. She had to return the 10 percent payment she had received because she had violated a rule for
A) lump-sum salary increase. B) profit-sharing. C) commission. D) employee benefit. E) wage compensation.