Claude is a shareholder in the Tel Ko Corporation. He learns of insider trading by one of the directors and wants to sue the corporation on behalf of the corporation and its shareholders. A shareholder cannot sue the corporation to enforce a right belonging to the corporation
a. True
b. False
Indicate whether the statement is true or false
False
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The provider of materials or labor is not entitled to a lien if the:
A. property is under a land sales contract or mortgage. B. materials are provided without reference to a particular property. C. materialman is not a general contractor. D. property is a public property.
A diversified company has a parenting advantage when it
A. is more able than other companies to create positive collaboration within its portfolio for different specialty groups and geographic locations. B. results in supporting short-term economic shareholder value. C. avoids acquiring undervalued companies and thus reduces risks. D. is more able than other companies to boost the combined performance of its individual businesses through its high-level guidance, general oversight, and other corporate-level contributions. E. manages a set of fundamentally similar business operations inside fundamentally similar industries and environments.
Different users of accounting information focus on the information they need to make the best choices
Indicate whether the statement is true or false
Of the four idealized culture types, which discusses innovation as being prized, with organizational members having a large amount of independence and automony?
a. Clan b. Adhocracy c. Hierarchy d. Market