In some states, a director can be removed from a corporate board without cause
Indicate whether the statement is true or false
True
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A contract in which both parties are mistaken about the value of the object of the contract is considered ________
A) unenforceable B) unconscionable C) non-rescindable D) void
If Berkeley Shirtmakers ties compensation directly to output by paying an employee a certain amount for each unit of output produced, it is using
A. the soldiering system. B. an illegal system. C. the Mayo system. D. a piece-rate system. E. a system that reduces the pay of most manufacturing employees.
The potential benefits lost by taking a specific action when two or more alternative choices are available is known as a(n):
A) Alternative cost. B) Sunk cost. C) Out-of-pocket cost. D) Differential cost. E) Opportunity cost.
The Fisher effect primarily emphasizes the effects of _____ on an investor's rate of return.
A. Default. B. market movements. C. Interest rate changes. D. Inflation. E. The time to maturity.