Board meetings are typically held at regular intervals
Indicate whether the statement is true or false
T
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As a general rule, there is no separation of powers problem with an agency possessing
________ authority, because nearly all agencies fall under the ________ branch. a. executive; executive b. legislative; legislative c. executive; legislative d. legislative; executive
A civil trial is usually heard where the events occurred or where the defendant lives
Indicate whether the statement is true or false
A water supply system has a mean time between failures of 270 and mean time to repair of 5. In this case, the availability is ______.
a. 0.982 b. 0.920 c. 0.950 d. 0.890
The Revised Act authorizes the articles of incorporation to include a provision eliminating or limiting, with certain exceptions, the liability of a director to the corporation or its shareholders for any action he takes, or fails to take, as director. These limitations or exceptions, for which liability would not be affected, include:
a. the amount of any financial benefit the director receives to which he is not entitled, such as a bribe, kickback, or profits from a usurped corporate opportunity. b. an intentional infliction of harm on the corporation or the shareholders. c. liability under Section 8.33 for unlawful distributions. d. an intentional violation of the criminal law. e. All of these are correct.