The minimum number of board members necessary to be present at a meeting in order to transact business is known as:
a. a plurality.
b. the entire board of directors.
c. a quorum.
d. a minority.
c
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Held-to-maturity securities that will mature within one year are classified as short-term investments and valued on the balance sheet at fair value
Indicate whether the statement is true or false
According to the text, which of the following company actions would be legal, satisfy Friedman’s advice, and also be unethical?
a. moving earned income into a tax-free foreign territory such as the Cayman Islands b. polluting a local river with runoff because it knows the EPA will not detect the emissions c. engaging in monopolistic practices by colluding with other dominant companies in an industry to fix prices d. firing employees that indicate they might act as whistleblowers about improper acts
Consumers are less likely to use price to judge the quality of a product when they ________
A) have never tried the product before B) have little knowledge of the brand C) have experience with the product D) are shopping for luxury items E) cannot physically examine the product
______ are monetary damages awarded by the court that are designed to punish the injuring party when they intentionally inflicted harm on others.
A. Inflictory judgment B. Viscous circumstances C. High-level term D. Compensatory damages E. Punitive damages