Carlo is a director of Desserts Italiano, Inc Carlo opposes a tender offer that is in the company's best interest because its acceptance would cost his position as a director. Carlo is most likely liable for a breach of
A) none of the choices
B) the business judgment rule.
C) the duty of care.
D) the duty of loyalty.
D
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An increase in the unit sales price will cause the breakeven point to increase
Indicate whether the statement is true or false
The typical relationship between variable costs and volume may be described best as follows:
a. Costs increase in an erratic, unpredictable fashion with changes in volume. b. Costs stay fairly constant with changes in volume. c. Costs increase with changes in volume up to a certain point and then remain constant. d. Costs increase in direct proportion to increases in volume.
An agent has implied __________ authority to do any act that usually accompanies the transaction for which the agent is authorized to act
A) express B) apparent C) customary D) incidental
A court order to an official, such as the sheriff, to seize the property of the defendant to satisfy a judgment is known as a:
a. writ of certiorari b. writ of execution c. writ of payment d. writ of law e. writ of rejoinder