Which of the following must exist before a shareholder can bring a derivative action?
A. The shareholder should not be an employee of the firm.
B. The shareholder must have owned shares at the time of the wrong against the corporation.
C. The shareholder must also be an officer or director.
D. A majority of the common shareholders must support the action.
Answer: B
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DLS Cosmetics is trying to create brand awareness by sending households free samples of its products. These free samples are examples of ________.
A. personal selling B. free publicity C. free advertising D. direct sales E. sales promotions
An overview of the trait approach over the past 100 years can best be described as ______.
A. peaking in the 1950s and then largely abandoned since B. initially focusing on follower traits then moving toward leadership outcomes C. beginning with emphasis on great persons, then shifting to include situation, now back to traits D. the most widely agreed upon approach for determining who can be a leader
The European Commission is even less flexible with respect to know-how transfer agreements than it is to patent licenses
Indicate whether the statement is true or false
UCC Article 2 has been adopted:
a. by Congress b. by 31 states c. by 49 states d. by all 50 states e. none of the other choices