The existence of statutory liability on the part of directors relieves shareholders from the duty to make repayment of illegal dividends
Indicate whether the statement is true or false
false
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Awards are often used to encourage
a. intermediate performance. b. short-term performance. c. long-term performance. d. both short-term and long-term performance.
Distinguish between legal and employee rights.
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. Strikes and independent unions were illegal in the Soviet Union. 2. Labor relations systems in the former Soviet Union are beginning to take on characteristics similar to the U.S. labor relations system. 3. The main feature of labor relations in Australia has been a centralized system of arbitration awards that specify minimum standards for pay and working conditions. 4. Since the 1980s, Australian labor relations has become more centralized, focused more on national labor policy than on individual company-level bargaining. 5. New Zealand's labor movement can best be compared to that of Great Britain.
Ernest operates an ice cream stand during the months of May, June, July, and August. Ernest's ice cream machine is broken and needs a new part to run. He contracts to have the part shipped to him by special carrier. Ernest emphasizes that the part needs to be delivered by April 25 and the carrier agrees, knowing that Ernest intends to open his stand May 1. If the shipper fails to deliver the part
on April 25, Ernest will be able to recover consequential damages caused by the delay. Indicate whether the statement is true or false