The officers and the directors are fiduciaries of the corporation, but the business judgment rule may preclude liability on officers and directors for honest mistakes of judgment
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following is true of tort law?
A) It is considered a national law. B) It is considered a state law. C) It is considered a federal law. D) It is considered an international law.
Zoe invents "All for One," new business inventory control software, and applies for a patent. If Zoe is granted a patent, it will protect her product
a. for ten years. b. for twenty years. c. for the life of the inventor plus seventy years. d. forever.
Your lawyer presents you with a three year investment. You must invest $1,000 immediately, but you are promised after-tax cash flows of $600 after one year and another $600 after two years
What is the IRR of the investment? (Round answer to nearest percent). A) 10% B) 11% C) 12% D) 13% E) 14%
Store brands are brands that a retailer both produces and distributes.
Answer the following statement true (T) or false (F)