A director violates the corporate opportunity doctrine if he or she competes with the corporation, unless the disinterested directors approve of the director's actions
a. True
b. False
Indicate whether the statement is true or false
True
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When a television advertisement makes a special offer on a piece of luggage, encouraging viewers to call a toll-free number to take advantage of the special, the ad is designed to meet the goal of:
A) building brand image B) informing C) persuading D) encouraging action
A column-family database is a NoSQL database model that organizes data in key-value pairs with keys mapped to a set of columns in the value component
a. True b. False Indicate whether the statement is true or false
Regardless of the technique used to overcome worldwide sourcing barriers, the effort will fail unless top management supports worldwide sourcing
a. True b. False Indicate whether the statement is true or false
Laura is a real estate developer and owns property that is treated as inventory (not a capital asset) in her business. She contributes a parcel of this land (basis of $15,000) to a partnership, also to be held as inventory. The fair market value of the property is $12,000 at the contribution date. After three years, the partnership sells the land for $10,000. The partnership will recognize a $5,000 ordinary loss on sale of the property.
Answer the following statement true (T) or false (F)