Under the RMBCA, a corporation can act as an incorporator of another corporation
Indicate whether the statement is true or false
True
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Convertible bonds are attractive to investors because
a. they usually carry a higher rate of interest than non-convertible bonds. b. they carry a convertible interest rate that can be increased when the prime rate of interest increases. c. they can be converted into stock at the issuer's option. d. the issuing company cannot retire the bonds before maturity.
In most states auto insurance companies discriminate on the basis of sex by charging male drivers higher premiums than female drivers
Indicate whether the statement is true or false.
Discuss the standards of the Creative Code of the American Associate of Advertising Agencies
Corporate managers work for the owners of the corporation. Consequently, they should make decisions that are in the best interests of the owners, rather than in their self-interests
What strategies are available to shareholders to help ensure that managers are motivated to make decisions in the interest of shareholders?