Compensation for board members can take the form of all of the following except: 

A. cash payments.
B. perks, such as vacations.
C. stock.
D. stock options.


Answer: B

Business

You might also like to view...

Which of the following is TRUE about trends in worldwide population growth?

A) Birthrates are on the rise in developed countries. B) Overall, the world population growth is declining. C) Birthrates are on the rise in developing countries. D) Death rates are rising in developing countries. E) Population growth is highest in developing countries.

Business

Tipco Computer Company decided to market its tablet computers to preschoolers, even though the tablets were better suited for much older children. This potentially unethical activity takes place during the control phase of the strategic marketing planning process.

Answer the following statement true (T) or false (F)

Business

Pippa's Paralegal Services completed these transactions in February:a. Purchased office supplies on account, $300.b. Completed work for a client on credit, $500.c. Paid cash for the office supplies purchased in (a).d. Completed work for a client and received $800 cash.e. Received $500 cash for the work described in (b).f. Received $1,000 from a client for paralegal services to be performed in March.Prepare journal entries to record the above transactions. Explanations are not necessary.

What will be an ideal response?

Business

Frank asked his company's employee benefits director if his group health coverage could be converted to individual coverage. The benefits director said, "Yes, you can convert to an individual policy, and the coverage is identical to your group coverage." Frank quit his job and converted to an individual policy. Six months later he filed a claim. He was dismayed to learn the conversion policy was more limited compared to the group coverage, and his claim was denied. What legal doctrine will allow Frank to bring a successful legal action against his former employer because he was financially harmed due to his reasonable reliance upon a representation of fact?

A) adhesion B) waiver C) estoppel D) subrogation

Business