Vernon and David are the controlling shareholders in E-treme, Inc Discuss the obligations that Vernon and David owe to the minority shareholders
The controlling shareholders: may not enter into unfair business transactions with the corporation; they have a fiduciary duty to minority shareholders; they may not exclude minority shareholders from beneficial arrangements involving stock; and they are prohibited from expelling minority shareholders, unless the expulsion is done for a legitimate business purpose and a fair price is paid for their stock.
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Open-ended questions are used to elicit a specific answer, such as yes or no
Indicate whether the statement is true or false.
What are the advantages and disadvantages of product-oriented layouts?
What will be an ideal response?
Leonardo fraudulently obtained a piece of jewelry from Jessica. He then sold the piece to Midori, who did not know about the fraud. Which of the following describes the situation?
A. Leonardo had voidable title and Midori gets a void title. B. Leonardo had void title and Midori gets good title. C. Leonardo had voidable title and Midori gets good title. D. Leonardo had good title and Midori gets good title.
In regression analysis, if the independent variable is measured in pounds, the dependent variable
a. must also be in pounds. b. must be in some unit of weight. c. cannot be in pounds. d. can be measured in any units.