The determination of whether a corporate director or officer has met his or her duty of care is measured in hindsight.
Answer the following statement true (T) or false (F)
False
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Millard works in a manufacturing company where he is rewarded for how quickly he can produce pistons. While some employees have ideas for how to make the process more creative, Millard recognizes that there is really no reward for speaking-up. In his experience, if the company is made more efficient, then he will be expected to produce more for the same reward as before. Millard’s company lacks ______ for creativity.
A. supervisory support B. work group support C. organizational support D. coordinated support
For the manufacturing business, inventory which is in the process of being manufactured is referred to as:
A) supplies inventory B) work in process inventory C) finished goods inventory D) direct materials inventory
A production report is divided into two sections
A) work in process and completed goods B) a unit information section and a cost information section C) finished good and cost of goods sold D) goods produced and goods in process
Paul Salmonte leased Richard and Mildred Eilertson's Florida home in 1985. The Eilertsons lived in Houston, Texas, but sometimes returned to inspect the house. The Eilertsons also had an exterminator go to the home on a monthly basis. By May 1986,
Salmonte decided that the inspections and extermination were occurring too often and began refusing regular access. The Eilertsons discovered that Salmonte had breached the terms of the lease agreement that prohibited changes in carpeting, wall paper, and locks, and then went to inspect the home and pets. The Eilertsons noticed that one of their rugs had been moved to the garage and had a car parked on it. They then filed a complaint for eviction for breach of the lease agreement. Could the Eilertsons have Salmonte evicted for violations of the rules?