According to the Delaware Supreme Court, when does the role of a director shift from being a "protector of the corporate bastion" to being an "auctioneer" charged with obtaining the highest realizable short-term value for the shareholders?
a. Only when the breakup of the corporation or a change of control has become inevitable
b. Whenever a yearly loss is reflected
c. At the point that a yearly loss has been reflected for three straight years
d. When the CEO and the board of directors are in disagreement, and there has also been a yearly loss reflected for three straight years
a
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Female investors make trades much less often than men because they
A. take longer to make decisions because of their busy lives. B. do more research, and they tend to base their investment decisions on considerations other than just numbers. C. rely strictly on intuition. D. are overcoming problems with the glass ceiling. E. endeavor to involve their family in decisions and it takes longer to get agreement.
Trading debt investments include ________.
A) debt securities that the investor expects to hold longer than one year or debt securities that are not readily marketable B) investments in debt securities that are not readily marketable and that the investor intends to hold until they mature C) investments in debt securities that the investor intends to hold until they mature D) debt securities that the investor plans to sell in the very near future
A company sold equipment that originally cost $260,000 for $130,000 cash. The accumulated depreciation on the equipment was $130,000. The company should recognize a:
A. $0 gain or loss. B. $65,000 loss. C. $65,000 gain. D. $130,000 gain. E. $130,000 loss.
Employment discrimination based on an individual's personal experience of one's own gender is referred to as ________.
A. sex discrimination B. gender identity discrimination C. sexual orientation discrimination D. gender discrimination