Which of the following would be a justification for involuntary dissolution of a corporation by a creditor?
A. When there is misapplication or waste of corporate assets
B. When directors are acting illegally or unfairly
C. When directors are in conflict, deadlock cannot be broken by shareholders, and the corporation faces ruin
D. When corporation is insolvent and not paying its debts
Answer: D
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Ending a sentence with a preposition is an error
a. true b. false
In Wassell v. Adams the plaintiff was 97% responsible for the attack she suffered in a hotel room. As a result, the jury awarded her 3% of an $850,000 verdict, or $25,500 . This action reflects which of the following legal doctrines?
a. contributory negligence b. assumption of risk c. comparative negligence d. intervening conduct e. none of the other choices
Physical exams for new employees are legal if:
a. the same test is given to all new employees b. the results are kept confidential c. the exams are related to the ability to do the job d. all of the other specific choices are necessary to make physical exams legal e. physical exams for new employees are never legal
An investment will pay you $120 in one year and $200 in two years. If the interest rate is 4%, what is the present value of these cash flows?
A) $304.91 B) $307.69 C) $300.29 D) $320.00