Explain the problems associated with lack of director independence
Many boards of directors are comprised of individuals who are not independent. Examples of lack of independence are directors who: have a personal relationship by serving on the boards of other directors companies; have a business trading relationship as key customers or suppliers of the company; have a financial relationship as primary stockholders or have received personal loans from the company; have an operational relationship as employees of the company.
You might also like to view...
Explain how injured parties can recover damages under the UCC
A trader uses 3-month Eurodollar futures to lock in a rate on $5 million for six months. How many contracts are required?
A. 5 B. 10 C. 15 D. 20
If Congress imposes a regulation on business, the states:
a. may not have any regulations in the same area of concern b. may adopt regulations to replace the federal regulations, but they may only apply inside the borders of the state c. may impose stronger conditions on out-of-state businesses that come to the state than are imposed by the federal rules d. usually may pass rules that would reduce the effect of the federal rule inside the state, if justified by special local conditions e. none of the other choices
Patents to produce and sell inventions are conveyed by the federal government for a period of:
A) 70 years. B) 50 years. C) 20 years. D) time that is agreed upon by the company.