If both parties to an illegal agreement are in pari delicto, neither party can successfully sue the other to seek enforcement of the agreement
Indicate whether the statement is true or false
T
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Which of the following is an example of grand corruption?
A) isolated transactions executed by individual public officials that abuse their office B) favors granted in exchange for personal consideration to a public official C) collusion between members of the private sector and public officials for mutual benefit D) state officials misusing large amounts of public resources over a prolonged period
Cletus manages a research and development team in charge of creating new products for his organization. He recently read about the motivation-work cycle. Which of the following would be a good suggestion for him to properly motivate the employees on his development team?
A. provide intrinsic rewards toward the end of the development process B. provide extrinsic rewards during the implementation phase of the process C. provide extrinsic rewards during the idea generation phase D. do not worry about motivation for the team as it is unimportant for innovation
During a labor organizing drive, members of management are not allowed to make any public statements critical of unions.
Answer the following statement true (T) or false (F)
Cyberco Corporation has 5 million shares of stock outstanding. Cyberco's after-tax profits are $15 million and
the corporation's stock is selling at a price-earnings multiple of 10, for a stock price of $30 per share. Cyberco management issues a 25% stock dividend. a. Calculate Cyberco's earnings per share before and after the stock dividend. b. Suppose an investor owns 100 shares of Cyberco before the stock dividend. Use the price earnings multiple to estimate the value of the investor's holdings both before and after the dividend. c. Comment on the results of the stock dividend for current shareholders.