Infrastructure projects are easy to justify because they establish the architecture for the entire organization
Indicate whether the statement is true or false
FALSE
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Specific, reform-based proposals for changes in management structure include:
A. outsourcing corporate executive management positions. B. government representation in corporate executive management. C. government representation on the corporate board of directors. D. licensing requirements for holding certain corporate positions.
Artificial intelligence (AI) focuses on methods and technologies to emulate how humans learn and solve problems.
Answer the following statement true (T) or false (F)
Terry and Farah have an oral contract for the sale of 100 books at $30 per book. If Terry delivers the books and Farah accepts them, or if Farah pays for the books and Terry accepts payment, which of the following is true?
A. Neither Terry nor Farah can raise the statute of frauds defense as the agreement has been performed at least partially. B. Farah can raise the statute of frauds defense to enforce the remainder of the contract. C. Terry can raise the statute of frauds defense to enforce the remainder of the contract. D. Both Terry and Farah can raise the statute of frauds defense as it is a complete performance.
In CASE 20.4 In re Abbott Laboratories Derivative Shareholders Litigation (2003), the shareholder-plaintiffs alleged the corporate directors breached their duty of good faith through their failure to follow up on repeated notices of regulatory noncompliance. How did the court rule?
a. The court ruled the directors were not liable and did not breach any duty of good faith because they were unaware of the issues, and accepted corporate governance procedures did not require the disclosure of the noncompliance notices to them. b. The court ruled the directors could not be held liable because the corporation's certificate of incorporation exempted directors from liability for breach of the duty of care. c. The court ruled the business judgment rule applied and that the plaintiffs' allegations could not withstand the protection of that rule. d. The court ruled the plaintiffs sufficiently pleaded allegations that, if true, constituted a breach of the duty of good faith leading to the directors' actions falling outside the protection of the business judgment rule.