The remedy for a director's breach of fiduciary duty is:
a. a suit in equity by the corporation.
b. a derivative suit instituted by a shareholder to require the director to pay to the corporation the profits obtained through the breach.
c. a class action suit by the shareholders.
d. Not only a suit in equity by the corporation but also a derivative suit instituted by a shareholder to require the director to pay to the corporation the profits obtained through the breach.
d
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Costs assigned to the building of a ship should appear on the income statement when
A) the ship is completed. B) the ship is sold. C) the purchase order to manufacture the ship is received. D) cash is collected for the sale of the ship.
Which of the following is true of cell phone communication?
a. Using your cell phone while driving is advisable because it is a wise use of time. b. Federal law prohibits using a cell phone use while driving without a hands-free device. c. You should generally answer your cell phone during a business meeting, when a call comes from a client. d. None of the above is true.
The ________ for the computer solution of a linear programming problem requires all variables on the left side, and all numerical values on the right side of the inequality or equality sign
Fill in the blank with correct word.
Programs in effect in some states requiring employers to pay employees wages approximating the real cost of living in the locality are called __________ ordinances
a. real cost b. estimated expense c. living wage d. accurate wage