Which of the following is true regarding any duties of controlling shareholders in relation to control of a corporation?

a. Controlling shareholders owe no duties other than to maximize their own wealth.
b. Controlling shareholders generally have a duty to control the corporation in a fair, just, and equitable manner, known as the standard of entire fairness.
c. Controlling shareholders may act to maximize their own wealth only so long as they do not intentionally harm and exhibit bad faith toward minority shareholders, a standard known as minority shareholder respect and fair dealing.
d. Controlling shareholders must appoint minority shareholders to vote a certain percentage of their shares in instances in which the minority shareholders demand that right.


c

Business

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The WTO is the only international organization designed to establish and help implement

A. rules of trade among nations. B. strategic planning for developing nations. C. efforts at peace between nations. D. security measures between nations.

Business

The significance of the Industrial Workers of the World was:

A. It focused on reforming the political system by forming a labor party in the United States. B. It was willing to use violence and radical measures to gain rights for workers. C. It was focused primarily on business issues like getting more pay and better working conditions. D. It provided an alternative to general unionism by focusing primarily on craft unionism.

Business

A representation is a statement made before the contract is made

Indicate whether the statement is true or false

Business

Which of the following is a qualitative technique that provides a systematic method for generating a large number of creative problem solving ideas from many different individuals?

A) Quality circles B) Brainstorming C) Benchmarking D) Customer satisfaction E) Affinity diagrams

Business